If the Fed wishes to decrease the money supply it can:
A. Raise the discount rate.
B. Buy bonds on the open market.
C. Decrease the required reserve ratio.
D. Decrease the federal funds rate.
A. Raise the discount rate.
Economics
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How is a duopoly model with homogeneous products similar to a prisoners' dilemma game?
What will be an ideal response?
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Since World War II the U.S. ________
A) has seen a substantial increase in the inflation rate B) has seen less frequent periods of deflation C) has seen a significant upward trend in real GDP D) all of the above E) none of the above
Economics