When the Fed purchases federal government bonds in the open market
A) the demand for money expands. B) there is no change in the money supply.
C) the money supply expands. D) the money supply contracts.
C
Economics
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If an Industry consists of two large firms, it is known as a(n)
a. monopoly b. perfect competition c. monopolistic competition d. natural monopoly e. duopoly
Economics
Which of the following is an example of a firm's derived demand?
a. The wage that a worker earns is a function of her human capital. b. A firm's demand for college textbook study guide authors is inseparably linked to the supply of college textbooks. c. Factors that increase the demand for labor will increase the equilibrium wage. d. All of the above are correct.
Economics