During the turmoil in the market for subprime mortgages in 2007 and 2008, the Fed increased the volume of discount loans. The goal of the Fed was to
A) reassure financial markets and promote financial stability.
B) stimulate economic growth.
C) reduce unemployment.
D) reduce the rate of inflation.
E) reduce the current account deficit.
A
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Keynes argued that the downward slope of the demand for money curve depends on the:
a. equation of exchange. b. rate of interest. c. federal funds rate. d. discount rate.
An increase in investment combined with a decrease in education would have an indeterminate effect on both short run and long run aggregate supply
a. True b. False Indicate whether the statement is true or false
Modern macroeconomics
A. does not do well explaining the reasons for growth B. focuses on theories of firm entry and exit from the market C. has eliminated poverty D. can be defined as the study of money
Time clocks are typically a solution to the:
A. manager-owner, principal-agent problem. B. consumer-worker, principal-agent problem. C. manager-consumer, principal-agent problem. D. None of the statements is correct.