Primary assets held by the Federal Reserve are
a. loans to commercial banks.
b. U.S. government securities.
c. Federal Reserve notes.
d. reserve deposits by banks.
B
You might also like to view...
To achieve long-run equilibrium in an economy with a recessionary gap, without the use of stabilization policy, the inflation rate must:
A. not change. B. increase. C. decrease. D. either increase or decrease depending on the relative shifts of AD and AS.
One problem with traditional health insurance plans is _____
a. people have little choice over physicians b. it has eliminated employer-provided health care c. doctors have little incentive to economize d. patients spent too much time scrutinizing their bills
The equilibrium level of real GDP is $1,000 . the target level of real GDP is $1,250, and the marginal propensity to consume (MPC) is 0.60 . The target can be reached if government spending is:
a. increased by $60 billion. b. increased by $100 billion. c. increased by $250 billion. d. held constant.
The secondary supply of copper is:
A equally elastic in the short run and in the long run. B unit elastic in the short run and perfectly elastic in the long run. C more elastic in the short run than in the long run. D less elastic in the short run than in the long run.