The Federal Reserve can alter the size of the money supply by changing reserves or changing reserve requirements

When the Fed increases the discount rate, it is more likely that the economy experiences _________ and the increase in the rate will _____________

a. recession; increase the federal funds rate as well b. recession; increase the cost to banks of borrowing from the Fed c. recession; decrease the cost to banks of borrowing from the Fed d. inflation; decrease the cost to banks of borrowing from the Fed e. inflation; increase the cost to banks of borrowing from the Fed

Which of the following acts prohibited false advertising?

a. Sherman Act b. Clayton Act c. Federal Trade Commission Act d. Celler-Kefauver Act