What entity or entities take the necessary steps to increase or decrease the money supply?

a. commercial banks
b. the central bank
c. investment firms
d. pension plans

a. commercial banks

Economics

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A reason tariffs and quotas are imposed is that

A) their costs are spread among many people and their benefits are concentrated. B) their costs are concentrated and their benefits are spread among many people. C) they create net benefits in the long run. D) they reduce import dependence.

Economics

If the government wants to raise tax revenue and shift most of the tax burden to the consumers, it would impose a tax on a good with a:

a. flat (elastic) demand curve and a steep (inelastic) supply curve. b. steep (inelastic) demand curve and a flat (elastic) supply curve. c. steep (inelastic) demand curve and steep (inelastic) demand curve. d. flat (elastic) demand curve and a flat (elastic) supply curve.

Economics