Which of the following reduced the demand stimulus effects of the Fed's low interest rate policy pursued during, and after, the financial crisis of 2008-2009?
a. Declining stock prices during 2010-2012.
b. An increase in the velocity of money.
c. A reduction in earnings derived from money market accounts, saving deposits, and similar saving instruments.
d. A sharp increase in the rate of inflation during 2009-2012.
C
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The primary source of funds for the World Bank is
A) the world's wealthiest countries. B) the New York Stock Exchange. C) private financial markets. D) quota subscriptions.
In the early 1980s, many people found themselves unable to purchase new homes because of:
a. rising prices and interest rates. b. rising prices and falling interest rates. c. new government restrictions on mortgages for first-time buyers. d. increases in income tax rates.
Double counting includes counting value of what types of goods?
a. Intermediate and Final b. Intermediate and investment goods c. Intermediate and capital goods d. Double counting does not include the counting of any goods only services.
At any meeting of the Federal Open Market Committee, that committee's voting members consist of
a. 5 Federal Reserve Regional Bank Presidents and all the members of the Board of Governors. b. 5 Federal Reserve Regional Bank Presidents and 5 members of the Board of Governors. c. 12 Federal Reserve Regional Bank Presidents and all the members of the Board of Governors. d. 12 Federal Reserve Regional Bank Presidents and 5 members of the Board of Governors.