This topic contains a solution. Click here to go to the answer

Author Question: Interest rates will increase if the Fed conducts an open market purchase. Indicate whether the ... (Read 93 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
Interest rates will increase if the Fed conducts an open market purchase.
 
  Indicate whether the statement is true or false

Question 2

How are the roles of the household different in the goods market and in the factor markets?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iman

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

FALSE

Answer to Question 2

In the goods market, households are buyers. They purchase the goods and services produced by the firms. In exchange for the goods and services, households pay firms. In the factor market, households are sellers. They provide the services from land, labor, capital, and entrepreneurship to the firms. In the factor markets, households receive payments from firms.




stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

For a complete list of videos, visit our video library