If the Federal Reserve wants to increase the availability of money and credit, it can:
A. lower the discount rate.
B. raise the reserve requirements.
C. sell U.S. government bonds to the public.
D. encourage banks to increase their prime lending rate.
Answer: A
Economics
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If reserves in the banking system increase by $100, then checkable deposits will increase by $400 in the simple model of deposit creation when the required reserve ratio is
A) 0.01. B) 0.10. C) 0.20. D) 0.25.
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Which of the following cases was most important in arguing that the "public good" was best served by competition?
(a) Marbury v. Madison (1803) (b) McCulloch v. Maryland (1819) (c) Gibbons v. Ogden (1824) (d) Charles River Bridge v. Warren Bridge (1837)
Economics