Author Question: In the long run, command-and-control (CAC) regulations encourage firms to develop new technology to ... (Read 39 times)

futuristic · **on:** Jun 30, 2018

In the long run, command-and-control (CAC) regulations encourage firms to develop new technology to lower future emissions.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Suppose the required reserve ratio is 0.2, and the Fed buys 5,000 of U.S. government securities from Bank A, which lends 4,000 and keeps 1,000 in its vault as cash. In this round of the money-creation process, the M1 money supply has increased by:
a. 1,000.
b. 4,000.
c. 5,000.
d. 10,000.
e. 3,000.