Changing the reserve requirement is
A. Effective in changing excess reserves but not the money supply.
B. A powerful tool that can cause abrupt changes in the money supply.
C. The most often-used tool on the part of the Fed.
D. A tool that has little impact on the money supply.
Answer: B
Economics
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If production of a good produces an external benefit, in order for the marginal social cost to equal the marginal social benefit
A) the good should be taxed. B) permits should be required to purchase the good. C) the good could be subsidized. D) the government needs to take no action.
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Harmonization of standards can institutionalize a set of inferior standards
Indicate whether the statement is true or false
Economics