The Fed:
A. has little control over the money supply.
B. serves as the central bank for the United States.
C. often uses a mix of lower taxes in its fiscal policy.
D. ensures commercial bank profitability.
Answer: B
You might also like to view...
A perfectly competitive firm can maximize profits by producing the quantity at which MR exceeds MC by the greatest amount.
Answer the following statement true (T) or false (F)
Real investment spending for the past 35 years is more volatile than real personal consumption
a. True b. False Indicate whether the statement is true or false
Statistics belong to which "family"?
a. supervision b. management c. science d. auditing
When the IMF provides loans to developing countries, it often requires these countries to adopt:
A. a contractionary fiscal policy and an expansionary monetary policy. B. contractionary monetary and fiscal policies. C. expansionary monetary and fiscal policies. D. a contractionary monetary policy and an expansionary fiscal policy.