Author Question: Statements about what ought to be are called A) positive statements. B) normative statements. ... (Read 233 times)

cmoore54 · **on:** Jun 29, 2018

Statements about what ought to be are called

A) positive statements.
B) normative statements.
C) assumptions.
D) implications.

Question 2

If the Fed buys 100 in securities from a commercial bank, the

A) Fed's assets will decrease.
B) quantity of money will decrease.
C) quantity of the bank's reserves will increase.
D) amount of the bank's reserves will not change.