If the Fed wanted to shift to a restrictive monetary policy and reduce the money supply, it could
a. increase the interest rate paid on excess reserves encouraging banks to extend more loans.
b. decrease the interest rate paid on excess reserves encouraging banks to extend more loans.
c. decrease the interest rate paid on excess reserves encouraging banks to hold excess reserves rather than extend more loans.
d. increase the interest rate paid on excess reserves encouraging banks to hold excess reserves rather than extend more loans.
D
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Organizational structure can be a strategic asset if it
A) adds value. B) adds value and can be duplicated. C) adds value and cannot be duplicated. D) can be franchised.
Economists use a model that is a literal description of business' behavior
a. True b. False Indicate whether the statement is true or false