A sale of foreign assets by a central bank has the same effect on the monetary base as
A) a decrease in the discount rate.
B) a decrease in the required reserve ratio.
C) an open market sale of government bonds.
D) an open market purchase of government bonds.
C
Economics
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When applying the marginal principle, you should pick the level at which the activity's marginal benefit is less than its marginal cost
Indicate whether the statement is true or false
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High-income countries have ________ and ________ as compared to developing countries
A) high rates of savings; low rates of growth B) high rates of savings; high rates of growth C) low rates of savings; high rates of growth D) low rates of savings; low rates of growth
Economics