How can the Fed increase the money supply? How can the Fed decrease the money supply? Be specific
To increase the money supply the Fed should buy U.S. government securities on the open market, reduce the discount rate and/or reduce the required reserve ratio. Do the opposite to decrease the money supply.
Economics
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A cross-section graph can show how economic variables for different groups of people vary over time
Indicate whether the statement is true or false
Economics
If a scale economy is the dominant technological factor defining or establishing comparative advantage, then the underlying facts explaining why a particular country dominates world markets in some product may be pure chance, or historical accident
Explain, and compare this with the answer you would give for the Heckscher-Ohlin model of comparative advantage.
Economics