Which of the following is not a monetary policy tool of the Fed?
A) changing the required reserve ratio
B) changing the discount rate
C) setting the price level and the market rate of interest
D) conducting open market operations
C
Economics
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A leftward shift of the savings curve CANNOT be caused by a(n):
A. positive shock to consumption. B. increase in the government budget deficit. C. reduction in taxes. D. increase in the real interest rate.
Economics
If the price of gasoline rises by 20 percent and consumption of gasoline falls 5 percent,
a. demand is elastic. b. demand is unit-elastic. c. demand is inelastic. d. elasticity of demand cannot be calculated.
Economics