This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Fed controls the money supply in the U.S. economy largely through its ability to influence bank ... (Read 125 times)

HCHenry

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
The Fed controls the money supply in the U.S. economy largely through its ability to influence bank reserves and the money creating power of commercial banks.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Say that the equilibrium price of natural gas would be 5 per thousand cubic feet, but there is a price floor imposed at 7 per thousand cubic feet. That price floor is then lowered to 5 per thousand cubic feet. As a result,
 a. the shortage of natural gas will get worse.
 b. the shortage of natural gas will get less severe.
  c. the surplus of natural gas will get worse.
 d. the surplus of natural gas will be eliminated.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


HCHenry

  • Hero Member
  • *****
  • Posts: 591
Reply #2 on: Jun 30, 2018
Correct answers!


nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
A patient’s cognitive ability depends on his or her psychologic status, which is influenced by ... A patient’s cognitive ability depends on his or her psychologic status, which is influenced by ...
An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ... An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ...
The medulla and the midbrain are largely developed at birth The medulla and the midbrain are largely developed at birth
The original Supply and Demand graph The original Supply and Demand graph
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ... A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Video: B cells and antibodies

For a complete list of videos, visit our video library