To decrease the money supply, the Federal Reserve could
A) conduct an open market sale of Treasury securities.
B) lower the discount rate.
C) raise income taxes.
D) lower the required reserve ratio.
E) raise transfer payments.
A
Economics
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The size of the multiplier depends on
A) the level of autonomous investment. B) the marginal propensity to consume. C) the level of net exports. D) the level of autonomous consumption.
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The relationship between the marginal product of labor (MP), the product price (P), and marginal revenue product of labor (MRP) in a perfectly competitive market is
a. MP = P x MRP b. MP = MRP / P c. MRP = P + MP d. MRP = P / MP e. MP = P + MRP
Economics