When the economy strengthens, following the period of quantitative easing, the Federal Reserve plans to keep a lid on money growth by
A) increasing reserve requirements.
B) selling dollars in foreign-exchange markets.
C) increasing the interest rate paid on reserves.
D) buying dollars in foreign-exchange markets.
C
Economics
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Compared to a competitive market, a firm that has a monopsony in a labor market would
A) hire fewer workers and pay higher wages. B) hire more workers and pay higher wages. C) hire more workers and pay lower wages. D) hire fewer workers and pay lower wages.
Economics
A competitive equilibrium has all of the following properties except
A) MPN = slope of PFF. B) MRS1,C = MRT1,C. C) MRT1,C = MPN. D) MPN = w.
Economics