« previous next »

Author Question: The Federal Reserve uses open market operations rather than changes in legal reserve requirements as ... (Read 214 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
The Federal Reserve uses open market operations rather than changes in legal reserve requirements as its principal tool of monetary management because changes in legal reserve requirements
 
  A) can be easily evaded by commercial banks.
  B) must secure Congressional approval.
  C) would be excessively powerful and disruptive.
  D) would be less profitable for the Federal Reserve Banks.

Question 2

Refer to the table above. If the market is perfectly competitive, what is Buyer 3's consumer surplus?
 
  A) 0
  B) -1
  C) 1
  D) 2


josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

The oral cavity. Anterior view of the open mouth. The oral cavity. Anterior view of the open mouth.
Congruence among values, beliefs, and role requirements supports the development of empowered ... Congruence among values, beliefs, and role requirements supports the development of empowered ...
Microbial fermentation operations Microbial fermentation operations
A pipe that is 0.46 m long and open at both ends vibrates in the second overtone with a ... A pipe that is 0.46 m long and open at both ends vibrates in the second overtone with a ...
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Operations Research Operations Research
Video: Net filtration pressure and lymph formation, edema & blood velocity

For a complete list of videos, visit our video library