As part of its zero interest rate policy (ZIRP), the Federal Reserve:
A. cut the reserve ratio to zero percent on all checkable and saving deposit accounts.
B. lowered the discount rate to zero to 0.25 percent.
C. lowered the interest rate paid on reserves held at the Fed to zero percent.
D. used open-market operations to keep the federal funds rate between zero and 0.25
percent.
D. used open-market operations to keep the federal funds rate between zero and 0.25
percent.
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The figure above shows the market for the chemical hydrogen sulfide, the production of which creates an external cost
If the government assesses the marginal external cost correctly, what is the amount of the pollution tax that eliminates the inefficiency? A) $2 per pound B) $3 per pound C) $4 per pound D) $1 per pound E) None of the above answers is correct.
The concept of comparable worth is not a radical departure from market economics
Indicate whether the statement is true or false