The term for the Fed's day-to-day technique for controlling the stock of money is called
A) discounting operations.
B) interest-rate operations.
C) liquidity operations.
D) open heart operations.
E) none of the above.
E
You might also like to view...
If the marginal net utility of beer is a positive number, the consumer should buy more beer in order to maximize utility.
Answer the following statement true (T) or false (F)
Typically, total utility derived from consumption decreases as more of a good is consumed
Indicate whether the statement is true or false
In which of the following examples is excess burden not present?
a. Harriet decides to give up her Saturday hours at her law office after income tax rates rise. b. Rudolf still smokes three packs a day even after the excise tax on cigarettes rose 10 cents a pack. c. Wilma reduced the automatic payroll deduction to her savings account after the tax on interest was imposed. d. Harper decided to take a vacation in Bermuda rather than invest in stocks after the tax rate on capital gains was increased.
Replacement of a progressive income tax system with a single income tax rate would be an example of
A. nondiscretionary fiscal policy. B. discretionary fiscal policy. C. interest rate policy. D. mandatory spending policy.