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Author Question: The sale of 1 billion of securities to a bank or some other business by the Fed is an example of ... (Read 69 times)

Jramos095

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on: Jun 29, 2018
The sale of 1 billion of securities to a bank or some other business by the Fed is an example of
 
  A) a last resort loan.
  B) a multiple contraction of the quantity of money.
  C) an open market operation.
  D) a change in the required reserve ratio.

Question 2

When a firm is considered to be a price taker that means that the firm
 
  A) can charge any price that it wants to charge, that is, take any price it wants.
  B) pays a fixed price for all of its inputs.
  C) will accept (take) the lowest price that its customers offer.
  D) cannot influence the market price of the good that it sells.


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bbburns21

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


Jramos095

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

duy1981999

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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