Which of the following is the most frequently used tool the Fed uses to control the supply of money?
a. The discount rate. b. The reserve requirements.
c. Open market operations. d. The 30-year home-mortgage interest rate.
c
Economics
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The people of Country X save 10 percent of their income, and the people of Country Y save 25 percent of their income. If these respective saving rates persist forever, will one country or the other enjoy a higher rate of income growth forever? Explain
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Technological advances that allow a good to be produced at a lower cost will shift the demand curve rightward.
Answer the following statement true (T) or false (F)
Economics