The Fed changes the discount rate as part of its policy to reach all of the following objectives except
A. Price stability
B. High employment
C. Economic growth
B. High employment
You might also like to view...
Although the Federal Reserve had traditionally made discount loans only to ________, in response to the financial crisis in 2008 the Fed made primary dealers eligible for discount loans as well
A) commercial banks B) investment banks C) government agencies D) mortgage lenders
The Celler-Kefauver Act of 1950:
a. amended the Sherman Act to outlaw price fixing where the effect is to lessen competition b. created the Interstate Commerce Commission. c. prohibited conglomerate mergers where the effect is to lessen competition. d. prohibited a firm from acquiring the assets of another firm where the effect is to lessen competition.
If the U.S. were to impose import quotas
a. the demand for loanable funds and the demand for dollars in the market for foreign-currency exchange would both increase. b. nether the demand for loanable funds nor the demand for dollars in the market for foreign-currency exchange would increase. c. the demand for loanable funds would increase, but the demand for dollars in the market for foreign-currency exchange would not. d. the demand for dollars in the market for foreign-currency exchange would increase, but the demand for loanable funds would not.
If a hurricane were to wipe out the majority of the eastern seaboard in the United States:
A. neither the short-run nor long-run aggregate supply curves would be affected. B. only the long-run aggregate supply curve would shift left. C. only the short-run aggregate supply curve would shift left. D. the long-run and short-run aggregate supply curves would both shift left.