Critics of the Fed's unconventional policies in 2009 and 2010 argued that determining which financial institutions would be bailed out and which would be allowed to fail was a political decision that rightfully belonged to Congress
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The HPV vaccine protects against human papillomavirus (HPV) that causes cancer. It protects both the person getting the vaccine and the sexual partners of that person
To encourage the efficient number of people to be vaccinated the government could A) give producers a subsidy equal to the private marginal benefit. B) give consumers a voucher equal to the marginal external benefit. C) impose a tax equal to the marginal social benefit. D) impose a tax equal to the marginal external benefit.
The primary market is where:
a. Debt and equity instruments are bought and sold after they are first issued. b. Primary real assets are linked with primary financial assets. c. Central banks and governments perform their pump-priming activities. d. Debt and equity instruments are bought and sold when they are first issued. e. None of the above.
Workers who demand a wage that is higher than the equilibrium wage
A. Must belong to a union in order to secure a job. B. Will never benefit from joining a union. C. Will find it difficult to secure a job. D. Will easily secure a job.
Debit
What will be an ideal response?