If the supply of money increases as a result of an open market ______ of securities by the Fed, the interest rate will ______.

a) sale; increase
b) sale; decrease
c) become flatter
d) none of the above

Answer: d) none of the above

Economics

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Mamihlapinatapai is a one-word summary of the volunteer's dilemma from

A) Buddhist monks in Thailand. B) ancient Hawaii. C) the Maasai tribe of Tanzania. D) the Yaghan Indians.

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Which of the following countries have used adjustments to the required reserve ratio as a primary tool of monetary policy?

A. United States B. China C. Mexico D. India

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