Which of the following government agencies oversees monetary policy in the U.S.?
a. The Federal Reserve System
b. Congress
c. The Treasury Department
d. The Federal Trade Commission
e. The Department of Commerce
a
You might also like to view...
Many states in the U.S. acquire significant amounts of funds from the following, except
A. personal income taxes. B. grants from the Federal government. C. property taxes. D. state-run lotteries.
According the AS/AD model, in the long run, expansionary monetary policy will
a. increase both real GDP and the price level. b. decrease both real GDP and the price level. c. decrease the price level and leave real GDP unchanged. d. increase the price level and leave real GDP unchanged. e. increase real GDP and reduce the price level.
Which of the following pairs of countries experienced approximately the same rate of growth of real income per person over about the last 120 years?
a. Germany and Japan b. Indonesia and Bangladesh c. the United States and Argentina d. Mexico and Pakistan
The Smoot-Hawley tariff increased the average tariff rate to ________ percent.
A. 15 B. 30 C. 60 D. 90