If the Fed increases the quantity of reserves, a new equilibrium is reached by a
A) leftward shift of the demand for reserves curve.
B) movement down the demand for reserves curve.
C) movement up the demand for reserves curve.
D) rightward shift of the demand for reserves curve.
E) None of the above answers is correct.
B
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Privatization refers to the process of hiring private management consultancy firms to manage state-owned enterprises.
a. true b. false
The services produced by spouses who cook, clean, and otherwise maintain homes are not counted in the gross domestic product because
A) services are not tangible goods. B) there is no accepted and reliable way to measure their value. C) they do not add to the wealth of the nation. D) this would entail double-counting, since such spouses usually receive free room and board. E) while they are useful services, they do not represent productive labor.