Debbie, a popular wedding photographer, is able to photograph a wedding every saturday of the year. she charges couples $4,000 for a complete set of photographs that cost her $2,200 to print and develop. suppose that on one saturday debbie photographs her niece's wedding without charge, but her niece insists on paying debbie $2,200 to cover her printing and developing costs. what is debbie's economic cost of photographing her niece's wedding?

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.