A payroll company licenses its software to organizations. The license allows customers to make a backup copy of the software. All organizations are required to sign a confidentiality agreement. In the event an organization breaks the confidentiality agreement, how can the payroll company claim trade secret violation?

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.