Answer the following statements true (T) or false (F)
1. The Federal Reserve can combat an inflationary gap in the economy by buying government
securities in the nation's capital markets.
2. An increase in aggregate demand in the normal range of the economy's aggregate supply curve
will increase the general price level in the economy.
3. The goal of macroeconomic policy is to combat inflationary and recessionary gaps which exist in
the nation's money market.
4. The Federal Reserve System is comprised of the Board of Governors in Washington, D.C. and ten district banks located throughout the country.
5. The current Chair of the Board of governors is Paul Volker. 400
1. TRUE
2. TRUE
3 FALSE
4. FALSE
5. FALSE
You might also like to view...
Ribbon loops with tails enhance and add pizzazz by using spray glitter of the designer's desired color
Indicate whether the statement is true or false
Technician A says that trailing arms run perpendicular to the center line of the chassis. Technician B says that trailing arms run parallel to the center line of the chassis. Which technician is correct?
A) Technician A only B) Technician B only C) Both technicians A and B D) Neither technician A nor B
What device can be installed on a system to indicate the moisture content of the refrigerant?
What will be an ideal response?
Electric duct heaters can only be used with heat pump systems.
Answer the following statement true (T) or false (F)