Which policy tool allows the Federal Reserve the greatest control over monetary policy?
A) the reserve requirement B) open market operations
C) lender of last resort D) the discount rate
B
Economics
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Refer to Scenario 12.2. In this game, if both players end up playing their tough strategies, then
A) Eliza will donate a kidney and Jerome will not donate. B) both Eliza and Jerome will donate a kidney. C) Jerome will donate a kidney and Eliza will not donate. D) neither Eliza nor Jerome will donate a kidney.
Economics
Suppose the long-run aggregate supply curve shifts to the right as a consequence of the discovery of more efficient production technologies. Given unchanged aggregate expenditure, this implies a rise in long-run equilibrium output and a decline in the equilibrium price level
a. True b. False Indicate whether the statement is true or false
Economics