Monetary policy in the United States is under the control of:
A. the President.
B. the U. S. Treasury.
C. the Federal Reserve.
D. the U.S. Senate.
Answer: C
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Open market operations alter the money supply by ________
A) influencing banks' ability to make loans to individuals and corporations B) adding currency to or withdrawing currency from banks' vaults C) adding currency to or withdrawing currency from the checking accounts of individuals and corporations D) influencing banks' ability to make loans to the government E) none of the above
A . Why is the Fed interested in controlling both the interest rate and the size of the money supply? b. In the grand scheme of things, does it really matter which target option the Fed chooses? That is, is there a preferred target option?
The process of buying a good in one market at a low price and selling the good in another market for a higher price in order to profit from the price difference is known as
a. sabotage. b. conspiracy. c. arbitrage. d. collusion.
The equilibrium rental income paid to landowners at any point in time equals the
a. purchase price of land. b. value of the marginal product of land. c. marginal product of land. d. wage paid to laborers.