Net investment plus depreciation is equal to

Which of the following is TRUE?

A) Lotteries work best when a resource can serve just one user at a time in a sequence. B) A market price always allocates resources better than a command system. C) In the United States, how tax dollars are allocated among competing uses is an example of how resources are allocated by majority rule. D) Force has never played an important role in allocating scarce resources.

An open market operation is? ______.

A. the purchase or sale of U.S. dollars in the foreign exchange market by the Federal Reserve System B. the depositing of U.S. dollars in commercial banks by the Federal Reserve System C. the purchase or sale of government securities by the Federal Reserve System in the open market D. any transaction conducted by the Federal Reserve System in a transparent and open manner