The supply curve of reserves has two kinks in it: one at the _________________ and the other at the ____________________ rate

A) interest rate that the Fed pays on reserves; discount
B) federal funds rate; discount
C) prime rate; discount
D) discount rate; federal funds rate

A

Economics

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Suppose the price of a can was $5.10. In this case, to maximize its profit, the firm illustrated in the figure above would

A) decrease its production and would make an economic profit. B) not change its production and would make zero economic profit. C) not change its production and would make an economic profit. D) decrease its production and would incur an economic loss. E) not change its production and would incur an economic loss.

Economics

Rich country to poor country migration is relatively uncommon

Indicate whether the statement is true or false

Economics