Suppose the Fed buys 1 million of government securities from Bank One, a large commercial bank. Bank One's reserves ________ and its deposits ________.
A) increase by 1 million; do not change
B) increase by 1 million; increase by 1 million
C) do not change; increase by 1 million
D) do not change; do not change
E) decrease by 1 million; do not change
Question 2
The demand for chocolate is perfectly inelastic in Foodieland. If a tax is imposed on chocolate, ________.
A) the deadweight loss due to taxation will be high
B) the deadweight loss due to taxation will be one
C) consumers will stop consuming chocolate
D) the tax burden will fall entirely on buyers
(a) Feeding by bear on salmon results in large allochthonous inputs of nutrients into (b) the forest
Managing large bands of grazing animals requires detailed knowledge of local landscapes, especially
Color enhanced X ray of large malignant tumor in the right lung.
Meningocele. (a) A meningocele is a herniation of the meninges, usually associated with the spinal c
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
The West Bank Challenge