The Secretary of the Treasury
A) serves as Chairman of the Board of Governors.
B) serves as a member of the Board of Governors.
C) serves as a member of the Federal Open Market Committee.
D) does not serve on the Board of Governors.
D
You might also like to view...
According to the Ricardo-Barro effect, a government budget
A) deficit decreases private saving supply. B) surplus decreases private investment demand. C) deficit increases private saving supply. D) surplus increases private saving supply. E) deficit decreases private investment demand.
If the percentage change in the price of a good is equal to the percentage change in the quantity demanded of that good, then the demand for that good is:
A. perfectly elastic. B. inelastic. C. elastic. D. unit elastic.
Which of the following contributes to the popularity of the argument that government spending expands employment?
A) The employment generated by the additional spending can be accomplished without increases in taxes or borrowing. B) The employment generated by the additional spending is highly visible, while the employment crowded out by taxing, spending, and borrowing is largely unseen. C) The employment generated by the additional spending is not easily seen, while the employment crowded out by taxing, spending, and borrowing is highly visible. D) Higher taxes will be popular if they finance spending that expands employment.
A curve that shows the relationship between the wage and the quantity of labor demanded in the short run is:
A. the marginal revenue product of labor curve. B. the marginal revenue curve. C. the marginal product of labor curve. D. None of these