Beyond the Fed's immediate control, a wave of pessimistic economic forecasts in the banking industry can effectively ________ e and thus ________ the money supply

A) raise, raise
B) raise, reduce
C) reduce, raise
D) reduce, reduce

B

Economics

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If country A exports good X to country B and country B exports good Y to country A, it is most likely that

A) A has an absolute advantage in the production of good X. B) B has a comparative advantage in the production of good Y. C) the opportunity cost of domestic production of good Y for country A is lowered with trade. D) B is producing less of good Y than in the no-trade case.

Economics

The content of the basket of goods and services used to compute the CPI changes every month

a. True b. False Indicate whether the statement is true or false

Economics