An open market sale of bonds by the Federal Reserve will lead to ...

[viki]

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

[kardosa007]

Answer to Question 1

FALSE

Answer to Question 2

D

[viki]

Thanks for the timely response, appreciate it

[dreamfighter72]

Excellent