Which group is responsible for the policy decision of changing the money supply?
A. Federal Open Market Committee
B. Office of Management and Budget
C. Thrift Advisory Council
D. Federal Advisory Council
A. Federal Open Market Committee
You might also like to view...
Which of the following is an example of labor income?
A) Dividend received by shareholder B) Profit earned by an entrepreneur C) Rent paid to a landlord D) Bonus paid to a worker
According to chapter 1 in your textbook,
A) all economists approach questions with some preconceptions or prejudices. B) economists (and others) ought to approach all questions with a completely open mind, though they often do not. C) economists approach questions with more of an open mind than do most other social scientists. D) most economists approach questions with a completely open mind. E) most economists derive their conclusions from their political preferences.
Drawing conclusions from international comparisons of GDP are difficult to assess because
A) GDP is understated in poorer countries because much of the work that people do is not provided in markets. B) GDP cannot be adequately evaluated as a measure of people's welfare or well-being. C) without adjusting for purchasing power parity, GDP comparisons might very well be meaningless. D) all the above reasons hold true.
The Smoot-Hawley Act introduced
A) opportunities for expanding U.S. foreign trade. B) the highest tariffs set by the United States in the last 90 years. C) a framework promoting international free trade. D) revenue tariffs as a major source of U.S. government revenues.