When the New York Federal Reserve Bank buys securities, it causes the federal funds rate to
a. fluctuate unpredictably.
b. go down.
c. go up.
d. hold steady.
e. vanish.
ANS: B
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Which type of committee is typically a permanent panel that carries out studies or administrative tasks?
a. Conference b. Joint c. Select d. Standing e. Business
What U.S. president campaigned under the slogan “He kept us out of war!”?
a. Woodrow Wilson. b. Calvin Coolidge. c. Herbert Hoover. d. Franklin D. Roosevelt.
With the exception of employees with advanced education or credentials, how does federal government pay compare to that in the private sector?
a. pay is much less b. pay is much more c. pay is about the same d. the pay is slightly more
Tecumseh
a. was a Shawnee leader who argued that individuals possess natural rights. b. was a South American leader of Amazonian rubber-tappers. c. was the founder of fundamentalism in the United States. d. None of the above is true.