The sale of government securities by the Fed
A) decreases the supply of money.
B) increases the supply of money.
C) decreases the demand for money.
D) increases the demand for money.
A
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Suppose one firm accounts for 55 percent of the global market share for a product, while 147 other firms account for the remaining 45 percent of the market
With such a large number of buyers and sellers, is this market likely to be competitive? Explain your answer.
From society's perspective, in the presence of a supply-side market failure, the last unit of a good produced typically:
A. generates more of a benefit than it costs to produce. B. produces a benefit exactly equal to the cost of producing the last unit. C. maximizes the net benefit to society. D. costs more to produce than it provides in benefits.