If the discount rate is lowered further below the market interest rate, banks tend to
A) lend more to the Fed.
B) lend less to the Fed.
C) borrow more from the Fed.
D) borrow less from the Fed.
C
Economics
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In the short run, ________ increases the quantity of labor demanded by the firm
A) a decrease in the price of the firm's output B) an increase in the prices of other factors of production used by the firm C) a technological advance that decreases the marginal product of labor D) a decrease in the wage rate
Economics
The personal income tax varies as GDP changes
a. True b. False Indicate whether the statement is true or false
Economics