Author Question: If the Fed wished to decrease inflation, it could A) increase the reserve requirement or conduct ... (Read 33 times)

acc299

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If the Fed wished to decrease inflation, it could
 
  A) increase the reserve requirement or conduct an open market sale.
  B) increase the reserve requirement or conduct an open market purchase.
  C) decrease the reserve requirement or conduct an open market sale.
  D) decrease the reserve requirement or conduct an open market purchase.

Question 2

Consider a production possibility frontier with jeans on the vertical axis and shoes on the horizontal axis. As the country moves along the frontier closer to the horizontal axis,
 
  A) free lunches occur.
  B) more shoes are produced.
  C) more tradeoffs occur.
  D) more jeans are produced.
  E) the country eventually chooses an unattainable point.



Kdiggy

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Answer to Question 1

A

Answer to Question 2

B



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