Short-term loans between banks are called
A) federal funds.
B) repurchase agreements.
C) repos.
D) discount loans.
A
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Active fiscal policy is the main tool used by the Fed for economic stabilization
Indicate whether the statement is true or false
Each member of the Board of Governors of the Fed serves:
a. a four-year term that begins at the same time as that of the newly elected president. b. a four-year term that does not coincide with the term of the current president c. until a new president is elected. d. a fourteen-year term. e. a six-year term.
Emocrats often argue in favor of what to push the economy toward economic recovery, as they did during the recession that began in 2008?
A. Tax cuts B. Increase government spending C. Decrease government spending D. Encourage the public to save more
Holding all other things constant, a higher price for ski lift tickets would
a. increase the number of skiers. b. increase the price of skis. c. decrease the number of skis sold. d. decrease the demand for other winter recreational activities.