If the Fed wants to decrease the money supply, it can:
A. Increase the money multiplier.
B. Decrease the discount rate.
C. Sell government bonds.
D. Decrease the minimum reserve ratio.
C. Sell government bonds.
Economics
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In the figure above, if the minimum wage is $2 per hour, then
A) the quantity of labor supplied is 4 million hours and the quantity of labor demanded is 2 million hours. B) the quantity of labor demanded is 4 million hours and the quantity of labor supplied is 2 million hours. C) unemployment is 1 million hours. D) the quantity of labor supplied is 3 million hours and the quantity of labor demanded is 3 million hours.
Economics
Economists speaking like policy advisers make
a. claims about how the world is. b. descriptive statements. c. normative statements. d. More than one of the above is correct.
Economics