Author Question: An open market sale of bonds by the Federal Reserve will lead to an increase of reserves in banks. ... (Read 66 times)

viki · **on:** Jun 30, 2018

An open market sale of bonds by the Federal Reserve will lead to an increase of reserves in banks.

Indicate whether the statement is true or false

Question 2

According to this Application, Yu Juo proposed that the Chinese government should ________ the tax rate in the case of a famine if the government had insufficient funds, and this would ________ the standard of living.

A) increase; increase B) increase; decrease C) cut; decrease D) cut; increase