If the Fed decides to engage in an open market operation to ...

[captainjonesify]

If the Fed decides to engage in an open market operation to increase the money supply, what will it do?
 a. Sell Treasury bonds, bills, or notes on the bond market.
  b. Buy Treasury bonds, bills, or notes on the bond market.
  c. Increase the required reserve ratio.
  d. Increase the fed funds rate.

Question 2

In order for a country to develop a high per capita GDP, it must have a rich endowment of natural resources, particularly energy and mineral resources.
 a. True
  b. False
  Indicate whether the statement is true or false

[cascooper22]

Answer to Question 1

b

Answer to Question 2

False

[captainjonesify]

Thanks for the timely response, appreciate it

[Dinolord]

Excellent