The lower the discount rate relative to the federal funds rate, the more likely a commercial bank will borrow from
A) another commercial bank instead of the Fed.
B) the Fed instead of another commercial bank.
C) the U.S. Treasury instead of either the Fed or another commercial bank.
D) the public.
B
Economics
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Refer to the above figure. Which panel represents the long-run supply curve for a decreasing cost industry?
A) Panel A B) Panel B C) Panel C D) Panel D
Economics
The consumption schedule shows:
A. that the MPC increases in proportion to GDP. B. that households consume more when interest rates are low. C. that consumption depends primarily on the level of business investment. D. the amounts households intend to consume at various possible levels of aggregate income.
Economics