The Federal Open Market Committee consists of the
A) Federal Reserve chairman and the other six members of the Board of Governors.
B) Federal Reserve branch bank presidents.
C) Federal Reserve chairman and the Federal Reserve branch bank presidents.
D) Federal Reserve chairman, the other six members of the Board of Governors, and five of the Federal Reserve branch bank presidents.
D
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When the Fed increases the money supply, it leads to lower interest rates
Indicate whether the statement is true or false
If the U.S. interest rate differential increases, in the foreign exchange market the demand for U.S. dollars ________ and the supply of U.S. dollars ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases
Since the replacement of AFDC with TANF the welfare rolls have grown in the United States
a. True b. False
In 2012, the number of people living in the world on less than $1.90 a day was:
A. roughly 13% of the world's population. B. just over a quarter of the world's population. C. just over a fifth of the world's population. D. just under 10 percent of the world's population.