New classical economics assumes that government has direct control over the equilibrium level of GDP and indirect control over the money supply

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Describe the three main options available to a corporation when it needs to raise money so that it can invest in a new product or a new manufacturing technique

Economics

A commercial bank buys a $50,000 government security from a securities dealer. The bank pays the dealer by increasing the dealer's checkable deposit balance by $50,000. The money supply has:

A. Not been affected B. Decreased by $50,000 C. Increased by $50,000 D. Increased by $50,000 multiplied by the reserve ratio

Economics