Which of the following would cause an increase in M1?

A) a reduction in the required ratio of reserves to deposits
B) an increase in the discount rate
C) an open market operation where the Fed buys bonds
D) all of the above
E) none of the above

C

Economics

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Early Keynesians felt that ________ policy was ________, so they stressed the importance of ________ policy

A) fiscal; ineffective; monetary B) monetary; ineffective; fiscal C) monetary; potent; monetary D) fiscal; too potent; monetary

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If an Albanian company hires a U.S.-based law firm, it is

A) insourcing, from a U.S.-perspective. B) using domestic outsourcing. C) changing into a multinational enterprise. D) vertically integrating.

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