If the Fed wants to decrease the money supply, it can:
A. Increase the money multiplier.
B. Decrease the discount rate.
C. Sell government bonds.
D. Decrease the minimum reserve ratio.
C. Sell government bonds.
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In the United States, if a customer at HDFC bank writes a check and the recipient of the check deposits the check in Citibank, then the check is cleared by:
A) Citibank. B) the Fed. C) HDFC bank. D) either HDFC bank or Citibank.
Fiscal policy is the responsibility of ________
A) the Federal Reserve System B) the Comptroller of the Currency C) the President and U.S. Congress D) High Commissioner for Refugees
Fast food chains often behave like
A. cartels. B. covert colluders. C. open colluders. D. cutthroat competitors.
A reduction in the rate of inflation is called:
A. deflation. B. disinflation. C. hyperinflation. D. cost-push inflation.