A decrease in the quantity of reserves held by commercial banks ...

[imanialler]

A decrease in the quantity of reserves held by commercial banks could be the result of
 
  A) a decision by U.S. households to hold less currency.
  B) the sale of government securities by the Federal Reserve.
  C) a decrease in the government's budget deficit.
  D) an increase in the exchange rate.

Question 2

Which of the following costs are part of a firm's opportunity costs? I. costs for resources bought in markets II. costs for resources the firm owns III. costs for resources supplied by the owner
 
  A) I and II
  B) I and III
  C) I only
  D) I, II, and III

[perkiness]

Answer to Question 1

B

Answer to Question 2

D