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Author Question: The Fed controls the money supply in the U.S. economy largely through its ability to influence bank ... (Read 52 times)

HCHenry

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on: Jun 30, 2018
The Fed controls the money supply in the U.S. economy largely through its ability to influence bank reserves and the money creating power of commercial banks.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Say that the equilibrium price of natural gas would be 5 per thousand cubic feet, but there is a price floor imposed at 7 per thousand cubic feet. That price floor is then lowered to 5 per thousand cubic feet. As a result,
 a. the shortage of natural gas will get worse.
 b. the shortage of natural gas will get less severe.
  c. the surplus of natural gas will get worse.
 d. the surplus of natural gas will be eliminated.


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nekcihc358

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

True

Answer to Question 2

d


HCHenry

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Reply #2 on: Jun 30, 2018
Correct answers!


nekcihc358

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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