Some oil refineries were damaged by Hurricane Ike of 2008, leading to
A) a decrease in supply of gasoline.
B) a decrease in quantity supplied of gasoline.
C) a decrease in demand for gasoline.
D) a decrease in quantity demanded for gasoline.
A
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Which of the following is true regarding the reserve requirements?
A) The Fed changes them frequently because they are a power monetary policy tool. B) The Fed does not change them much at all because taxation is a more impactful monetary policy tool. C) The Fed changes them frequently because doing so simplifies banking operations. D) The Fed does not change them much at all because doing so would make banking operations
The critical value of F4,? at the 5% significance level is
A) 3.84 B) 2.37 C) 1.94 D) Cannot be calculated because in practice you will not have infinite number of observations