Refer to Table 8-5. The value added by the automobile dealer equals

A) $7,000. B) $15,000. C) $18,000. D) $25,000.

A

Economics

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The money supply increases when the Fed

a. lowers the discount rate. The increase will be larger the smaller the reserve ratio is. b. lowers the discount rate. The increase will be larger the larger the reserve ratio is. c. raises the discount rate. The increase will be larger the smaller the reserve ratio is. d. raises the discount rate. The increase will be larger the larger the reserve ratio is.

Economics

________: the situation where equilibrium GDP is greater than full employment output

Fill in the blank(s) with correct word

Economics