When we hear on the news, "The Fed has increased interest rates today," the Fed has most likely

A) raised the required reserve ratio.
B) sold government bonds.
C) lowered the discount rate.
D) bought government bonds.

B

Economics

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Refer to the above figure. Mario is self-sufficient and so is Mia. Each produces 6 dishes of pasta and 4 pizzas. Mario and Mia decide to specialize and trade

After they have specialized and traded, compared to the initial situation, Mia's opportunity cost of pasta has ________ and Mario's opportunity cost of a pizza has ________. A) decreased, decreased B) decreased, increased C) increased, increased D) increased, decreased

Economics

The total cost schedule shows the relationship between different amounts of inputs and the resulting level of output

Indicate whether the statement is true or false

Economics