Dealers get much of their government securities inventories

A) through direct transfers from the Treasury.
B) through direct transfers from the Federal Reserve.
C) bidding at competitive auctions.
D) through purchases from commercial banks.

C

Economics

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An increase in the money supply may __________ total expenditures, leading to a __________ shift of the AD curve

A) increase; rightward B) increase; leftward C) decrease; rightward D) decrease; leftward

Economics

If a monopolist is producing the quantity at which price equals marginal cost, it should

A) continue to produce this amount if it wants to maximize profits. B) reduce output if it wants to maximize profits. C) reduce price and keep output unchanged if it wants to maximize profits. D) increase output if it wants to maximize profits.

Economics