If the Fed wanted to use all of its policy variables to increase the supply of money, which of following would it not do?
a. Increase its open market purchases of government securities.
b. Increase the required reserve ratio
c. Increase the interest rate it pays banks on bank reserves.
d. It would not do b. or c.
b
Economics
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For a firm to be able to engage in price discrimination, it must
A) face a downward sloping demand curve. B) produce more than one product. C) have customers of different levels of wealth and age. D) have economies of scale.
Economics
Activists believe that
A) there is sufficient flexibility in wages and prices to allow the economy to equilibrate at full-employment Real GDP in a reasonable period of time. B) discretionary fiscal policies do not work. C) discretionary monetary policies do not work. D) fine-tuning to smooth out the business cycle is feasible.
Economics