When the Federal Reserve increases the money supply, people ________
A) decrease their purchases of bonds and other financial assets
B) may, in the short run, increase their purchases of goods and services
C) decrease the quantity of money holdings
D) all of the above
E) none of the above
B
Economics
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In the short run, how will a profit-maximizing monopolist react if its marginal cost suddenly increases? It will
a. lower price to expand revenue possibilities b. restrict output to extract a higher price from customers c. maintain the current price if profit is still positive d. increase plant size to lower marginal cost e. decrease plant size to lower marginal cost
Economics
Utility is easy to measure in the real world with recent advances in psychometric technology
a. True b. False Indicate whether the statement is true or false
Economics