Bank reserves will increase over time when:
A. the Fed sells government securities on the open market.
B. the Treasury sells government securities on the open market.
C. depositors take funds out of their checkable deposit accounts.
D. the Fed buys government securities on the open market.
Answer: D
Economics
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In 1977, he pioneered the concept of selling new public issues of junk bonds for companies that had not yet achieved investment-grade status
A) Michael Milken B) Roger Milliken C) Ivan Boesky D) Carl Icahn
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When stock prices fall significantly, people may feel less wealthy and thus decide to consume less of their current flow of disposable income. In our consumption function, this can be represented by a
A) fall in (Y - T). B) rise in T. C) rise in c. D) fall in a.
Economics