Which of the following is most likely to close a recessionary gap in the economy?

a. A decrease in the expenditure on infrastructure
b. An increase in the income tax rate
c. An increase in the rate of foreign exchange
d. A decrease in money supply
e. An increase in the compensation for government employees

e

Economics

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If Treasury deposits at the Fed are predicted to increase, the manager of the trading desk at the New York Fed bank will likely conduct ________ open market operations to ________ reserves

A) defensive; inject B) defensive; drain C) dynamic; inject D) dynamic; drain

Economics

When the housing bubble burst, prices fell particularly severely in

a. Georgia. b. Nevada. c. Pennsylvania. d. West Virginia.

Economics