For each of the following situations, determine whether the money supply will increase, decrease or stay the same.
i. Depositors become concerned about the safety of depository institutions
ii. The Fed lowers the required reserve ratio
iii. The economy enters a recession and banks have a hard time finding creditworthy borrowers.
iv. The Fed sells $100 million of bonds to First National Bank of Ames, Iowa.
What is TABOR? Why is TABOR a revenue limit and not a spending limit? What is the difference between the General Fund and Cash Funds?