Economics is the study of how ________ manages its ________ ...

[clmills979]

Economics is the study of how ________ manages its ________ resources to satisfy its wants.
 
  A) society; unlimited
  B) society; scarce
  C) a household; unlimited
  D) a household; scarce

Question 2

In order to raise the federal funds rate, the Fed ________ government securities in open market operations, so that banks' reserves ________ and the quantity of money ________.
 
  A) buys; decrease; increases
  B) buys; increase; decreases
  C) sells; decrease; decreases
  D) sells; increase; decreases
  E) buys; increase; increases

[Ahnyah]

Answer to Question 1

B

Answer to Question 2

C