One of the key advantages of a franchise is Multiple Choice receiving management and marketing expertise from the franchisor. fewer restrictions on selling than in other forms of businesses. lower start-up costs than all other businesses. getting to keep all the profits of your business after taxes.

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.