When the Fed lowers the target rate of interest for federal funds, it
A) buys government bonds.
B) lowers the discount rate.
C) sells government bonds.
D) lowers the required reserve ratio.
Ans: A) buys government bonds.
Economics
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Which of the following are types of economic markets? I. perfectly competitive II. oligopoly III. monopoly IV. multilateral
A) I and II B) II and III C) I and IV D) I, II and III
Economics
A Nash equilibrium occurs when
A) each firm is doing the best it can given its opponents' actions. B) each firm chooses the strategy that maximizes its minimum gain. C) a player can choose a strategy that is optimal regardless of its rivals' actions. D) there is no dominant firm in a market.
Economics