In response to the Great Recession of 2007–2009, the Federal Reserve (Fed) attempted to grow the U.S. economy with a policy called quantitative easing, which would pump more dollars into the economy and cause interest rates to fall. Which of the following was NOT a criticism of the policy?

a. The policy could lead to a depreciation in the dollar's exchange value.
b. The policy could improve American competitiveness at other nations' expense.
c. The rest of the world's producers could see their exports begin to fall.
d. Americans goods would become more expensive for foreign consumers.


d. Americans goods would become more expensive for foreign consumers.

Business

You might also like to view...

Why would the ERC say that “whistleblowers” and “reporters” are the same thing?

a. A whistleblower likely first tried to report an incident internally. b. They are both trying to report an ethics violation in different venues. c. Generally, they are both low-level employees. d. Generally, they are both people of high moral courage.

Business

If there is no common goal or purpose, there is no group.

Answer the following statement true (T) or false (F)

Business

Becky graduated with a master's degree in personal financial planning. After working for 2 years in a small financial planning firm, Becky earns $85,000 annually and saves $5,000 a year after spending on her current needs. What is her average propensity to consume?

A. 5 percent B. 25 percent C. 60 percent D. 88 percent E. 94 percent

Business

Which of the following offer peer-to-peer payment services?

(a) eCash and PayPal. (b) eCash and Tradesafe. (c) PayPal and Tradesafe. (d) eCash, PayPal and Tradesafe.

Business