Suppose you sold 20 futures contracts at a price of $5.00 per bushel and suppose the maintenance margin is $1300 per contract. At the end of the first trading day when the price fell from $5.00 to $4.80 per bushel, the amount of the margin call you had to make is

Aggregate expenditure includes consumption spending, unplanned investment spending, government purchases, and net exports

Indicate whether the statement is true or false

If the Fed buys a U.S. government bond from a member of the public,

a. the banking system has more reserves and the money supply tends to grow. b. the banking system has less reserves and the money supply tends to grow. c. the banking system has more reserves and the money supply tends to fall. d. the banking system has less reserves and the money supply tends to fall.