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Author Question: Which of the following is a characteristic of an institution? A) The institutions of a nation are ... (Read 32 times)

RRMR

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on: Jun 30, 2018
Which of the following is a characteristic of an institution?
 
  A) The institutions of a nation are permanent and cannot be changed over time.
  B) Institutions place constraints on the behavior of economic agents.
  C) Institutions are determined by individual opinions without considering the government's preference.
  D) Institutions have very little influence on a nation's economic prosperity.

Question 2

The purchase of government bonds by the Fed leads to a(n)
 
  A) increase in the demand of bonds and a decrease in the price of bonds.
  B) increase in the supply of bonds and a decrease in bond prices.
  C) decrease in the demand of bonds and an increase in the price of bonds.
  D) decrease in the supply of bonds and an increase in bond prices.


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harveenkau8139

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


RRMR

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Reply #2 on: Jun 30, 2018
Thank you


harveenkau8139

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Reply #3 on: Jun 30, 2018
No problemo


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