Author Question: Open market operations refers to the Fed's A) manipulation of the required reserve ratio. B) ... (Read 67 times)

neverstopbelieb

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Open market operations refers to the Fed's
 
  A) manipulation of the required reserve ratio.
  B) purchase and sale of government bonds.
  C) manipulation of the discount rate.
  D) use of all of the above techniques.

Question 2

Refer to the scenario above. If the rules of the gamble are changed such that in the case of heads, the individual wins 100, and in the case of tails, the individual loses 50, the expected value of the gamble changes to:
 
  A) 0.
  B) 25.
  C) 50.
  D) 75.



jaymee143

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Answer to Question 1

B

Answer to Question 2

B



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