An open market purchase by the Fed:

A. increases investment and increases output.
B. increases investment and decreases output.
C. decreases investment and increases output.
D. decreases investment and decreases output.

Answer: A

Economics

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A monopolistically competitive firm has ________ power to set the price of its product because ________

A) no; there are no barriers to entry B) some; there are barriers to entry C) no; of product differentiation D) some; of product differentiation

Economics

There are six firms in an industry, with market shares of 50 percent, 25 percent, 10 percent, 10 percent, 3 percent and 2 percent. The four firm concentration ratio is ________, and the HHI is ________

A) 100; 100 B) 95; 3338 C) 95; 10,000 D) 100; 3338

Economics