An HMO hires radiology services from India to cut costs. If all else remains equal, this will

Which of the following is a policy tool of the Fed?

i. setting the required reserve ratios ii. conducting open market operations iii. quantitative easing A) i only B) ii only C) iii only D) Both i and ii E) i, ii, and iii

The classical view believes that ________

A) economies move slowly to their long run equilibrium levels B) a rise in the quantity of money leads to increases in saving and investment C) a rise in the quantity of money has no impact on economic activity D) all of the above E) none of the above