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Author Question: A currency drain occurs when the A) Fed increases the required reserve ratio. B) Fed sells U.S. ... (Read 59 times)

Melani1276

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A currency drain occurs when the
 
  A) Fed increases the required reserve ratio.
  B) Fed sells U.S. government securities.
  C) non-bank public increases its holdings of currency outside the banking system.
  D) banks reduce the number of loans they create with their excess reserves.
  E) Fed buys U.S. government securities.

Question 2

Economic growth is enhanced by
 
  A) free international trade.
  B) limiting international trade so that the domestic economy can prosper.
  C) discouraging saving, because increased saving means less spending.
  D) ignoring incentive systems.
  E) increasing welfare payments to the poor so they can afford to buy goods.



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orangecrush

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Answer to Question 1

C

Answer to Question 2

A




Melani1276

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


lkanara2

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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