Which of the following groups exerts the most control over the money supply in the United States?
a. The executive branch of government
b. The legislative branch of government
c. The judicial branch of government
d. The Federal Reserve
e. The U.S. Treasury Department
D
You might also like to view...
The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A
Pension plans in which employer contributions are set by the plan and benefits depend on the performance of the assets in the plan is called a
A) defined benefit plan. B) defined contribution plan. C) a fully vested plan. D) an unfunded plan.
Which of the following was given as a reason to doubt the idea of "New Economy"?
A) High growth in computer investment could not be sustained. B) Actual real GDP could not continue to grow slower than natural real GDP growth. C) Inflation could not be reduced by a higher productivity growth rate. D) All of the above.
Susie wins $2 million in her state's lottery. If Susie keeps working after she wins the money, we can infer that the income effect is larger than the substitution effect for her
a. True b. False Indicate whether the statement is true or false