In every age group, average income in the United States increases with education

Changes in reserve requirements directly and immediately affect

A) the monetary base. B) banks' holdings of securities. C) the Fed's holdings of foreign exchange. D) the money multiplier.

A monopsonist purchaser of labor that could negotiate a different wage for each worker could

A) purchase less labor than a regular monopsonist. B) purchase more labor than a regular monopsonist. C) rotate the marginal expenditure curve to the left. D) shift the marginal expenditure curve to the left.