Open market operations are
a. rarely used and the least effective tool used by the Fed to control the money supply
b. the most frequently used and the most effective tool the Fed has to control the money supply
c. used only when the Fed wants the money supply to change rapidly
d. used to adjust the actual money supply to the potential money supply
e. used to counteract the deficit spending of the federal government
B
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Organizations that survive over time
A) will never change in the future. B) are efficient. C) will be forced to become horizontal. D) are inefficient.
The basic principles of economics suggest that
a. markets are seldom, if ever, a good way to organize economic activity. b. government should become involved in markets when trade between countries is involved. c. government should become involved in markets when those markets fail to produce efficient or fair outcomes. d. All of the above are correct.