Microeconomics
When the Fed sells bonds, this should:
increase the Federal funds rate.
reduce the reserve requirement.
increase the discount rate.
decrease the discount rate.
Suppose excess reserves in the banking system change from $100 to $11 Continue Reading...
Decisions and policy changes have implications all around the globe, not just in the nation that makes these changes. Improving a nation's current account, which is a product of a depreciating dollar where investors move their money to foreign curre Continue Reading...
DQ #1. An economy's output is also its income because its output is calculated as the measurement of all the goods and services produced by the economy, and also being channeled back into the economy in the form of purchases in other economic sectors Continue Reading...