A market in which firms sell a homogeneous product and cannot influence market price is most likely:

A change in the reserve requirement is used infrequently by the Fed because it

A) does not affect bank reserves. B) does not influence the money supply. C) is disruptive to the banking system. D) does not affect the money multiplier.

Studies generally agree that there are 10-15 million people in the "underclass."

Indicate whether the statement is true or false