Author Question: Which of the following is likely to result in a smaller equilibrium quantity exchanged? a. An ... (Read 89 times)

iveyjurea · **on:** Jun 30, 2018

Which of the following is likely to result in a smaller equilibrium quantity exchanged?
a. An increase in both demand and supply.
b. A decrease in both demand and supply.
c. An increase in demand and a decrease in supply.
d. A decrease in demand and an increase in supply.

Question 2

Open market operations directly change the rate of interest at which banks can borrow funds from the Fed.
a. True
b. False
Indicate whether the statement is true or false