Which statement is true?
A. The Federal Reserve buys nearly all its United States government securities directly from the Treasury.
B. Open market operations are the buying and selling of United States government securities in the open market by the Federal Reserve.
C. The least important policy tool used by the Federal Reserve to control the money supply is open market operations.
D. None of the choices/statements are true.
B. Open market operations are the buying and selling of United States government securities in the open market by the Federal Reserve.
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If the marginal benefit of getting a college degree rises, rational people will
A) drop out of college. B) not change their behavior. C) attend college in greater numbers. D) require that college get easier. E) raise the marginal cost of attending college.
In which of the following cases is the slope of a line positive and less than infinity?
A) As the variable measured on the x-axis decreases, the variable measured on the y-axis decreases. B) As the variable measured on the x-axis increases, the variable measured on the y-axis decreases. C) As the variable measured on the y-axis increases, the variable measured on the x-axis does not change. D) As the variable measured on the y-axis increases, the variable measured on the x-axis decreases.