To increase the money supply, the Fed might:
a. increase the discount rate and sell bonds in the open market
b. decrease the reserve requirement and buy bonds in the open market.
c. increase the reserve requirement and sell bonds in the open market.
d. increase the discount rate and lower the reserve requirement.
e. sell government securities and increase the discount rate.
b
Economics
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Refer to above Table 2-1. What is the level of Corporate Profits?
A) 260 B) 180 C) 270 D) 170
Economics
Monopolies may earn zero economic profit because of
a. zero marginal cost b. barriers to entry c. patents and copyright laws d. economies of scale e. government price regulation
Economics