The time required for a new fiscal policy to have the desired effect on the economy after implementation is called the

The purchase and sale of government bonds by the Fed for the purpose of altering bank reserves is referred to as:

A. Open-market operations. B. Closed-market operations. C. Discounting. D. Expansionary fiscal policy.

Consider the market for dollars. If the exchange rate rises from 2 pesos per dollar to 4 pesos per dollar

A) the supply curve of dollars shifts leftward. B) the supply curve of dollars shifts rightward. C) there is an upward movement along the supply curve for dollars. D) there is a downward movement along the supply curve for dollars.