The Federal Reserve currently exercises credit control over
a. stock market purchases.
b. home financing.
c. installment sales.
d. automobile sales.
a. stock market purchases.
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Attempts by a central bank to increase bank deposits without a decrease in nominal short-term interest rates are referred to as ________
A) quantitative easing B) credit channeling C) open market operations D) liquidity provision
Jennifer took out a fixed-interest-rate loan when the CPI was 100 . She expected the CPI to increase to 103 but it actually increased to 105 . The real interest rate she paid is
a. higher than she had expected, and the real value of the loan is higher than she had expected. b. higher than she had expected, and the real value of the loan is lower than she had expected. c. lower than she had expected, and the real value of the loan is higher than she had expected. d. lower then she had expected, and the real value of the loan is lower than she had expected.
An expansionary fiscal policy would consist of (1) _____ and/or (2) _______.
Fill in the blank(s) with the appropriate word(s).
Which one of the following is a part of our money supply?
A. Gold B. Credit cards C. U.S. Treasury bills D. Demand deposits