The Banking Act of 1935 changed the name of the _______________ to the Board of Governors of the Federal Reserve System
A) Federal Open Market Committee
B) Board of Monetary Affairs
C) Central Bank Board
D) Federal Reserve Board
D
You might also like to view...
If it is not possible to prevent others from sharing in the benefits of a good's consumption, we say that the good
a. is an economic bad b. is nonrival in consumption c. has the characteristic of non excludability d. is a private good
George has a $600 annual entertainment budget that he uses to buy trips to the movies and dinners at local restaurants. The figure above shows indifference curves and budget lines for these two goods. The price of a movie is $15
a) Along budget line BL1, what is the price of a dinner? b) What combination of dinners and movies will George select along budget line BL1? c) Budget line BL2 represents a change in the price of dinners from that along BL1. What is the new price of dinners along this budget line? d) What combination of dinners and movies will George select along budget line BL2? e) Use the information in this problem to give two points on George's demand curve for dinners.
If planned investment is greater than actual investment, then aggregate expenditure is less than GDP
Indicate whether the statement is true or false
Assume the demand for money curve is stationary and the Fed increases the money supply. The result is that people:
a. increase the supply of bonds, thus driving up the interest rate. b. increase the supply of bonds, thus driving down the interest rate. c. increase the demand for bonds, thus driving up the interest rate. d. increase the demand for bonds, thus driving down the interest rate.