The Fed buys 100 million U.S. government securities from Bank of America. Bank of America's balance sheet shows this transaction as ________ in total assets and ________ in reserves.
A) no change; a 100 million decrease
B) no change; a 100 million increase
C) a 100 million increase; no change
D) a 100 million increase; a 100 million increase
E) a 100 million decrease; a 100 million decrease
Question 2
In the figure above, if the firm is regulated using an average cost pricing rule, the consumer surplus created is equal to the area of
A) ABG.
B) BEFG.
C) BCFG.
D) BCE.
E) None of the above because there is no consumer surplus created.
Mars's average distance from the Sun is roughly 230 million km (1.5 AU) and its orbital period
Ecosystem and Balance
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Johannes Vermeer, Woman Holding a Balance.
Acid–Base Balance
A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ...