If two variables are directly related, the relationship will have a graph that:

A. Is a straight line
B. May either be upward-sloping or downward-sloping
C. Is an upward-sloping line
D. Is horizontal

Answer: C

Economics

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When the Glass-Steagall Act was repealed in 1999, potential conflicts of interest arose with

A) the development of universal banking. B) the introduction of more credit-rating agencies. C) accounting firms developing more comprehensive services. D) investment analysis in investment banking.

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To reduce the money supply, the Fed can ______.

a. buy bonds b. raise reserve requirements c. lower the discount rate d. decease the interest rate paid on reserves

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