The twelve regional Federal Reserve banks are responsible for:
A. Accepting deposits from nonbank businesses.
B. Providing currency to other countries.
C. Lending money to individuals.
D. Lending reserves to private banks.
D. Lending reserves to private banks.
Economics
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Suppose that the United Kingdom pegs the pound to the euro. If all other things remain unchanged, what would you expect to happen to European interest rates if all countries who use the euro decided to adopt expansionary fiscal policies?
A) They would rise. B) They would fall. C) They would not change. D) That cannot be determined using the information provided.
Economics
The longest economic expansion in the United States occurred during the
A) 1940s. B) 1960s. C) 1980s. D) 1990s.
Economics