The Fed's policy tools include all the following except _______
A. required reserve ratio and open market operations
B. quantitative easing
C. discount rate
D. taxing banks' deposits at the Fed
D Answer D is not a Fed policy tool.
You might also like to view...
The table above shows techniques that can be used to produce 100 shirts. If the price of an hour of labor is $10 and the price of a unit of capital is $12, then the economically efficient technique is
A) W. B) X. C) Y. D) Z.
If real interest rates in the United States are higher than those of our trading partners, what will tend to happen to the foreign exchange value of the dollar and the U.S. current account deficit or surplus?
a. The dollar will depreciate; the current account will move toward a deficit. b. The dollar will depreciate; the current account will move toward a surplus. c. The dollar will appreciate; the current account will move toward a deficit. d. The dollar will appreciate; the current account will move toward a surplus.
The function of an entrepreneur is: (check all that apply)
a. to maximize the welfare of society. b. to avoid risks and prevent the commercialization of new products and ideas. c. to make strategic business decisions. d. to combine the resources of land, labor, and capital to produce a g
The most common form of economic decentralization involves
A. having very little government involvement in the economy. B. markets, where people buy and sell goods and services. C. government officials making economic decisions. D. government ownership of the means of production.