The Monetary Control Act of 1980 extended the Fed's authority to:
A. impose required-reserve ratios on all depository institutions.
B. control the discount rate.
C. control the federal funds rate.
D. carry out a massive federal bailout of failed savings and loan institutions.
Answer: A
You might also like to view...
The opportunity cost of attending a concert would include:
a. the price you paid for the ticket and the value of your time. b. the price you paid for the ticket, but not the value of your time. c. the value of your time, but not the price you paid for the ticket. d. neither the price of the ticket nor the value of your time.
If a firm enlarges its factory size and realizes higher average costs of production then
a. it has experienced economies of scale. b. it has experienced diseconomies of scale. c. it has experienced constant returns to scale. d. the long-run average cost curve slopes downward. e. the long-run average cost curve shifts upward.
Your neighbor has knowledge of economics and you would like her to share it with you. You own a car, a CD player and a new pair of running shoes. You wish to make a trade, but the neighbor does not want what you have. The problem can be stated as follows: You are not satisfying the
A) rule of transaction costs. B) double coincidence of wants. C) law of marketability. D) terms of a common denominator.
When the price of petroleum increases, the supply of Question 27 options:
A. home heating oil increases. B. petroleum-based plastics increases. C. petroleum-based plastics decreases. D. airplane trips increases because of higher fuel costs. E. hydroelectric power decreases.