« previous next »

Author Question: When does a shortage occur? What will be an ideal response?[br][br][b][color=gray]Question ... (Read 68 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
on: Jun 29, 2018
When does a shortage occur?
 
  What will be an ideal response?

Question 2

When the Fed purchases government securities ________ loans end up being made because ________.
 
  A) more; excess reserves in the banking system increase
  B) fewer; excess reserves in the banking system decrease
  C) more; excess reserves in the banking system decrease
  D) fewer; required reserves in the banking system increase but desired reserves decrease
  E) fewer; excess reserves in the banking system increase
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


zenzy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

A shortage occurs when the price is below the equilibrium price. When the price is less than the equilibrium price, the quantity demanded is greater than the quantity supplied.

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Your heart beats over 36 million times a year.

Pathogen/plant interactions and the hypersensitive response to pathogen attack. Pathogen/plant interactions and the hypersensitive response to pathogen attack.
Black (melanistic) eastern gray squirrel, Ottawa, Ontario Black (melanistic) eastern gray squirrel, Ottawa, Ontario
The humoral and cellular immune response. At the left is the humoral (or B-cell mediated); at the ... The humoral and cellular immune response. At the left is the humoral (or B-cell mediated); at the ...
PGC-1 and SIRT1 control the reprogramming of fuel utilization pathways in response to fasting PGC-1 and SIRT1 control the reprogramming of fuel utilization pathways in response to fasting
Answer to Vector Question Pt. 2 Answer to Vector Question Pt. 2
Economic practice question Economic practice question
Video: Splitting of Sugar, Oxidation/ Reduction & ATP Generation

For a complete list of videos, visit our video library