One of the reasons for the structure of the Federal Reserve is ________.
a. to insulate monetary policy from politics
b. to increase Congress’ influence on monetary policy
c. to increase presidential influence on monetary policy
d. to insulate fiscal policy from politics
a. to insulate monetary policy from politics
You might also like to view...
When discussing the private capital account, asset flows include all but which one of the following?
A) capital expenditures by domestic firms B) foreign securities purchased by domestic citizens C) changes in the balances of a bank's cash deposit from foreign transactions D) an investment in a foreign subsidiary by a domestic firm
Most economists believe that the aggregate supply curve is
A) upward-sloping in the short run, but vertical in the long run. B) upward-sloping in the long run, but vertical in the short run. C) upward-sloping in both the short run and in the long run. D) vertical in both the short run and in the long run.
The real return of money is
A) 0. B) -r. C) -R. D) -i.
The Malthusian dilemma relates to marginal product in that
A) starvation can be averted only if marginal product is constant. B) because of diminishing marginal product, the amount of food produced by each additional member of the population increases. C) because of diminishing marginal product, the amount of food produced by each additional member of the population decreases. D) because of diminishing marginal product, the wage falls as the population decreases. E) because of diminishing average product, the population will not have additional capital to work with.