The price of pork may increase as a result of:

A currency drain is

A) when the Fed buys securities, but it is not when the Fed sells securities. B) when the Fed raises the required reserve ratio. C) an increase in currency held outside banks. D) when the Fed either buys or sells securities. E) when the Fed sells securities, but it is not when the Fed buys securities.

Bid-rigging is more likely when

a. auctions are larger b. auctions are infrequent c. auctions generate different sets of potential bidders d. the auctioneer is paid a fixed fee rather than on commission