Considering perfect competition, monopolistic competition, and monopoly, which of the market structures features entry in the long run?

Which of the following appears to be evidence against the public interest view of the Fed's motivation?

A) The conflict with the Treasury over interest rate fixing during World War II. B) The failure of the Fed to emphasize the goal of price stability. C) The unwillingness of the Fed to turn over its excess profits to the Treasury. D) The independence of Fed chairmen from the authority of the President.

Suppose the Federal Reserve wants to decrease the money supply by $100,000 . If the required reserve ratio is 0.1, which of the following actions will achieve the Fed's goal?

a. The Fed must purchase $100,000 in bonds. b. The Fed must sell $100,000 in bonds. c. The Fed must purchase $10,000 in bonds. d. The Fed must sell $10,000 in bonds. e. The Fed must sell $90,000 in bonds.