If the Fed has announced that it plans on increasing the interest rate it will
A) engage in contractionary open market operations, thereby decreasing the money supply.
B) engage in expansionary open market operations, thereby decreasing the money supply.
C) engage in expansionary open market operations, thereby increasing the money supply.
D) engage in contractionary open market operations, thereby increasing the money supply.
A
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An industry can be defined as
a. the group of all firms that sell a product. b. any company that produces and sells something. c. the set of buyers of a particular good or service. d. the top companies that sell something.
In calculating the Consumer Price Index
A. the price of each item is allowed to change between the base period and current year but the quantity is held constant. B. the quantity of each item is allowed to change between the base period and current year but the price is held constant. C. both the price and quantity of each item is allowed to change between the base period and current year. D. neither price nor quantity of each item is allowed to change between the base period and current year.