The most commonly used tool in monetary policy is
A) changes in the discount rate. B) express lending transactions.
C) open market operations. D) changes in required reserve ratios.
Question 2
Which of the following increases the supply of a good and shifts its supply curve rightward?
A) a smaller number of producers
B) an increase in the price of the good
C) a higher wage paid to workers in the industry
D) a technological advance in how the good is produced
E) an increase in the cost of the resources used to produce the good
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