Which of the following is correct?
a. The Federal Reserve is responsible for conducting monetary policy.
b. The U.S. Treasury controls the money supply through its buying and selling of U.S. securities.
c. The Treasury is a monetary agency with responsibilities very similar to those of the Fed.
d. The Federal Reserve System issues U.S. securities.
A
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In the figure above, a factor that could cause the supply of bonds to increase (shift to the right) is
A) a decrease in government budget deficits. B) a decrease in expected inflation. C) expectations of more profitable investment opportunities. D) a business cycle recession.
Which type of lag is based on the time needed to identify a macroeconomic problem and assess its seriousness?
a. Recognition Lag b. Decision-Making Lag c. Implementation Lag d. Effectiveness Lag
With fewer periods in a moving average, it will take longer to adjust to a new level of demand.
Indicate whether the statement is true or false
Which of the following is FALSE about indifference curves?
A. They can shift. B. They intersect. C. They are downward sloping. D. They are convex to the origin.