Assume that the reserve requirement is 20 percent. also assume that banks do not hold excess reserves and there is no cash held by the public. the federal reserve decides that it wants to expand the money supply by $ 40 million dollars.
a. if the fed is using open? market operations, will it buy or sell bonds?
b. what quantity of bonds does the fed need to buy or sell to accomplish the goal? explain your reasoning.

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.

It's possible for a debt card transaction to bounce true or false