Which of the following is a tool the Federal Reserve System can use to regulate the quantity of money?
i. changing the discount rate
ii. conducting open market operations
iii. changing the required reserve ratio
A) i only B) ii only C) i and ii D) ii and iii E) i, ii, and iii
E
Economics
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Which of the following will not cause the demand for milk (a normal good) to increase in the current time period?
A) a fall in the price of milk B) an increase in income C) an expected increase in milk prices D) a decrease in the price of cookies (a complement)
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