The Coase Theorem states that the public sector can achieve ...

[darbym82]

The Coase Theorem states that the public sector can achieve environmental efficiency, as long as property rights are clearly assigned.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The Fed's purchase of U.S. government securities constitutes a(n):
 a. contractionary policy because it lowers the amount of total reserves in the banking system.
  b. contractionary policy because it lowers the amount of excess reserves in the banking system.
  c. expansionary policy because it raises the amount of total reserves in the banking system.
  d. expansionary policy because it lowers the amount of total reserves in the banking system.
  e. expansionary policy because it raises the amount of required reserves in the banking system.

[carlsona147]

Answer to Question 1

False

Answer to Question 2

c

[darbym82]

TYSM

[jomama]

Excellent