Answer:
B) use the observed data to form a hypothesis about ice cream buying behavior.
Explanation:
The scientific method is a research method where the first step is recognizing and identifying the problem ⇒ relevant information is obtained ⇒ a hypothesis is formulated ⇒ the hypothesis is tested.
In order for a research (that uses the scientific method) to be valid, the researcher must be able to duplicate the research process and obtain the same or similar results.
Answer: d. lowers the discount rate. The increase will be larger the smaller the reserve ratio is
Explanation: The money supply is given as the total amount of money (bills, coins, loans, credit, and other liquid instruments) in a particular economy (in circulation or in existence).
The Fed has a number of tools for managing the money supply which include: changing the discount rate, changing the reserve requirement, conducting open market operations and redeeming Federal Reserve notes.
Using the discount rate, which is the interest rate the Federal Reserve charges on loans from the Federal Reserve, to increase money supply, the Fed lowers the discount rate which basically increases excess reserves in commercial banks across the economy thus increasing the money supply. The increase in the money supply will be significantly larger the smaller the reserve ratio is.
<span>The company is using market-penetration pricing.</span>
