Which of the following statements is FALSE?
A) Both monetary and interest rate targets cannot be pursued simultaneously.
B) A reduction in the required reserve ratio increases the money supply and pushes down the equilibrium interest rate.
C) An open market sale decreases the money supply and pushes up the equilibrium interest rate.
D) An open market purchase reduces the money supply and pushes down the equilibrium interest rate.
D
Economics
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Markets tend to underallocate resources to the production of a good when
A) there are negative externalities. B) there are positive externalities. C) there are public goods produced. D) equilibrium occurs.
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Given that the firm wants to sell both the versions, how high can the no-name brand be priced?
a. $30 b. $40 c. $60 d. $70
Economics