U.S. paper currency is issued by the
A. United States Mint.
B. U.S. Treasury.
C. national commercial banks.
D. Federal Reserve System.
Answer: D
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When the multiplier is ________, an autonomous decrease in investment of $200 billion decreases equilibrium real GDP by $400 billion
When the multiplier is ________, an autonomous decrease in investment of $200 billion decreases equilibrium real GDP by $800 billion. A) 2.0; 4.0 B) 0.4; 0.2 C) 0.2; 0.4 D) 4.0; 8.0 E) $400 billion; $800 billion
Regulatory policy used to affect credit markets is known as ________
A) fiscal restraint B) monetary policy C) Bierstadt relaxation D) macroprudential regulation
Which of the following is the best example of a microeconomic topic?
a. The impact that the money supply has on inflation. b. The reasons for increases in the price of soft drinks. c. The effect that federal budget deficits have on the interest rate. d. The tradeoff between inflation and unemployment.
To an economist, the terms "money" and "wealth" are synonyms
Indicate whether the statement is true or false