If the Treasury finances an expenditure by borrowing from banks with excess reserves, the money supply will
A) remain unchanged.
B) rise by an amount equal to the expenditure.
C) rise by a multiple of the expenditure.
D) fall by a multiple of the expenditure.
B
Economics
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In the above figure, if the milk industry is perfectly competitive, then the firm's marginal revenue curve is represented by
A) curve F. B) curve G. C) curve H. D) curve I.
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The labor force includes individuals who are: I. Employed II. Unemployed III. Discouraged workers
A) I only B) Both I and II C) Both I and III D) All I, II and III
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