An open market purchase of securities by the Fed will
A) increase assets of the nonbank public and increase assets of the banking system.
B) decrease assets of the nonbank public and increase assets of the Fed.
C) decrease assets of the banking system and increase assets of the Fed.
D) have no effect on assets of the nonbank public but increase assets of the Fed.
E) increase assets of the banking system and decrease assets of the Fed.
D
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A contract where the terms are explicitly stated and agreed upon is a(n) ____________
Fill in the blank(s) with the appropriate word(s).
The ________ states that once a good made or sold under license is in circulation, the licensor has no further right to control its distribution
A. first sale doctrine B. common origin doctrine C. exhaustion-of-rights doctrine D. doctrine of exhaustion