To increase the money supply, the Fed could
a. sell government bonds.
b. auction more loans to banks.
c. increase the reserve requirement.
d. None of the above is correct.
b
Economics
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The Phillips curve explains the trade-off between inflation and unemployment
a. True b. False Indicate whether the statement is true or false
Economics
If a hurricane were to wipe out the majority of the eastern seaboard in the United States:
A. neither the short-run nor long-run aggregate supply curves would be affected. B. only the long-run aggregate supply curve would shift left. C. only the short-run aggregate supply curve would shift left. D. the long-run and short-run aggregate supply curves would both shift left.
Economics