As of April 2015, the Fed no longer holds any mortgage-backed securities or federal agency debt securities as assets.
Answer the following statement true (T) or false (F)
False
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Describe Keynesian Economics as it pertains to GDP
What would be an ideal response?
Which of the following observations concerning money market mutual funds is not true? a. They are interest-earning accounts provided by brokers
b. They are considered to be near money. c. Depositors are allowed to write checks against their accounts. d. These funds are invested in long-term securities.
Marginal land is land that is not worth anything under any circumstances.
Answer the following statement true (T) or false (F)
The ultimate role of the financial system of a country is to:
A. provide a place for wealthy households to save. B. facilitate production, employment, and consumption. C. be a low-cost source of funds for government. D. provide jobs in the financial sector.