After firm A acquired firm B, it lowered the prices for the goods produced by both firms. This can increase profits if the goods are

Which of the following is FALSE about private savings and government savings?

A) SP = Y - T - C B) Unlike private saving decisions, government saving decisions are often made with an eye toward their effect on output and employment. C) Total savings (S) = SP + . D) The national income identity can help us to analyze the channels through which government saving decisions influence macroeconomic conditions. E) None of the above; all statements are true.

Which of the following assets yields a 0 percent return?

A) U.S. Treasury Bills B) Excess reserves C) Deposits with correspondent banks D) Municipal bonds