Under usual circumstances, an increase in the discount rate causes

A) the federal funds rate to fall.
B) the federal funds rate to rise.
C) no change in the federal funds rate.
D) the supply of reserves to increase.
E) the supply of reserves to decrease.

C

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Analyzing the cause of a conflict serves no useful purpose

Indicate whether the statement is true or false.

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Which of the following similarities is observed between tie and plurality decisions reached by the U.S. Supreme Court?

A) The decisions can be appealed against in the U.S. courts of appeals. B) The decisions do not set precedent for later cases. C) The decision of the lower court is affirmed. D) New evidence and testimony is heard before reaching decisions.

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