If the Fed purchases government bonds, it
A) decreases bank reserves and the supply of money.
B) decreases bank reserves but increases the supply of money.
C) increases bank reserves and the supply of money.
D) increases bank reserves but decreases the supply of money.
C
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The United States has ________ social insurance programs, and generally has a ________ unemployment rate, as compared to Canada and Western Europe
A) less generous; lower B) more generous; greater C) less generous; greater D) more generous; lower
The world trading system combines negotiated agreements that promote trade liberalization called ________ with binding agreements called ________ that block tariff increases
A) fiscal policies; monetary policies B) truces; aggressions C) free trade; enforcement contracts D) levers; ratchets E) wheels; walls