If the Fed carries out an open market operation and sells U.S. government securities, the federal funds rate ________ and the quantity of reserves ________
A) falls; decreases
B) rises; increases
C) rises; decreases
D) rises; does not change
E) falls; increases
C
Economics
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The state can expropriate the profits from innovation through legal means.
a. true b. false
Economics
Which of the following is NOT a macroeconomic statement?
A) The U.S. inflation rate was two percent in 2016. B) The price of cell phones decreased by 18 percent last year. C) Gross domestic product in Peru increased 4 percent from 2015 to 2016. D) Aggregate worker productivity decreased by three percent in 2016.
Economics