Which of the following policy tools is directly controlled by the Trading Desk at the Federal Reserve Bank of New York?
A) the spread between the discount rate and the federal funds rate
B) the spread between the federal funds rate and the interest rate on banks' required reserves
C) open market sales and purchases
D) the required reserve ratio
C
Economics
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The period of time over which the firm can vary any of its inputs for a given production technology is called the
A) immediate run. B) very-short run. C) long run. D) very-long run. E) short run.
Economics
Low stock market prices might ________ consumers willingness to spend and might ________ businesses willingness to undertake investment projects
A) increase; increase B) increase; decrease C) decrease; decrease D) decrease; increase
Economics