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Author Question: The imaginary figure who advises us whether society is making the most of its scarce resources is ... (Read 76 times)

james0929

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on: Jun 29, 2018
The imaginary figure who advises us whether society is making the most of its scarce resources is the
 
  A) opportunity-cost pixie.
  B) benevolent social planner.
  C) scarcity goddess.
  D) compassionate dictator.

Question 2

When the Fed fears inflation, the Fed ________ government securities, so that the federal funds rate ________ and the quantity of money ________.
 
  A) buys; rises; decreases
  B) sells; falls; increases
  C) buys; falls; increases
  D) sells; falls; decreases
  E) sells; rises; decreases


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SVictor

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

E


james0929

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

mcabuhat

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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