As a result of an open market purchase, bank reserves
A) rise and interest rates fall.
B) fall and interest rates rise.
C) and interest rates both rise.
D) and interest rates both fall.
A
Economics
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What is the relationship between the gross domestic product of a country and its gross national product?
What will be an ideal response?
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The fact that the fourth plate from the "All You Can Eat Country Buffet" generated more satisfaction than the fifth plate is an example of
A) increasing marginal utility. B) diminishing marginal utility. C) diminishing total utility. D) the "paradox of value."
Economics