When the Fed wishes to reduce the economy's money supply, it:
a. lowers the discount rate.
b. lowers the required reserve ratio.
c. reduces the margin requirement.
d. sells some of its government securities.
e. prints more money.
d
Economics
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If the velocity of money is constant, then a 2% increase in the money supply
A) must be the result of a 2% increase in the price level. B) would change nominal GDP by a smaller percentage. C) would change nominal GDP by an equal percentage. D) would change nominal GDP by a larger percentage.
Economics
Today, about one out of four legal immigrants arrives in the U.S with experience in a professional occupation
Indicate whether the statement is true or false
Economics