The Fed can reduce the money supply by reducing
A. the monetary base.
B. the discount rate.
C. the currency-deposit ratio.
D. reserve requirements.
Answer: A
Economics
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The number of times per year each dollar is used to transact an exchange is the:
a. quantity theory of money. b. velocity of money. c. equation of exchange. d. turnover rate. e. expenditure rate.
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At the equilibrium point in a perfectly competitive industry, the total surplus (the sum of the consumer surplus and producer surplus) will be at its maximum
a. True b. False Indicate whether the statement is true or false
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