Overall, U. S. citizens and foreign-born residents embrace change that promises overall growth. This is evidenced by which of the following?
(a) Innovation
(b) The growth of new industries and the demise of others
(c) Population migration from one part of the U.S. to another
(d) All of the above
Question 2
If the Federal Reserve raises the discount rate, the market rate of interest
a. will rise but the monetary base will be unchanged.
b. will rise and the monetary base will fall.
c. and the monetary base will both rise.
d. will fall and the monetary base will rise.