An open market purchase of securities by the Fed A) increases ...

[ashley]

An open market purchase of securities by the Fed
 
  A) increases banks' reserves and decreases banks' securities.
  B) decreases banks' reserves and increases banks' securities.
  C) decreases banks' total assets.
  D) involves a bank purchasing government securities from the Fed.

Question 2

Which growth theory models growth as a perpetual motion machine?
 
  A) new growth theory
  B) classical growth theory
  C) neoclassical growth theory
  D) all growth theories model growth as a perpetual motion machine

[macagn]

Answer to Question 1

A

Answer to Question 2

A

[ashley]

Excellent

[lcapri7]

Thanks for the timely response, appreciate it