Which of the Following Paired Concepts Are Equivalent to Each

question 115

Multiple Choice

Which of the following paired concepts are equivalent to each other?

• A)increasing returns; decreasing costs
• B)increasing returns; diseconomies of scale
• C)increasing returns; increasing costs
• D)constant costs; economies of scale
• E)increasing costs; economies of scale

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Definitions:

Federal Reserve

The central banking system of the United States, responsible for managing the nation's monetary policy and regulating its financial institutions.

Open Market Operations

Activities undertaken by a central bank, such as the buying or selling of government securities, to control the money supply and interest rates.

Discount Rate

The interest rate charged by the Federal Reserve to depository institutions.

Federal Reserve

The Federal Reserve is the central bank of the United States, responsible for implementing the country's monetary policy, regulating banks, maintaining financial system stability, and providing financial services.