The key decision maker for U.S. monetary policy is:
A. Congress.
B. The president.
C. The president's cabinet.
D. The Board of Governors.
D. The Board of Governors.
You might also like to view...
In a closed economy, net exports are _________
Fill in the blank(s) with the appropriate word(s).
A decline in which of the following types of spending was not generally considered a part of the beginning and continuation of the Great Recession?
A) residential investment spending B) federal government spending C) consumer durables spending D) business investment spending
A firm will expand the amount of output it produces as long as its
A) average total revenue exceeds its average total cost. B) average total revenue exceeds its average variable cost. C) marginal cost exceeds its marginal revenue. D) marginal revenue exceeds its marginal cost.
Which of the following is not a category of state and local government outlays?
A) purchases of goods and services B) grants in aid C) transfer payments D) interest payments