The principal policy-maker of the Federal Reserve is the
A) Chairman of the Federal Reserve Board of Governors.
B) president of the New York Federal Reserve bank.
C) president of the Washington, D.C. Federal Reserve bank.
D) Comptroller of the Currency.
A
Economics
You might also like to view...
Refer to Figure 17-1. Suppose that the economy is currently at point A, and the unemployment rate at A is the natural rate. What policy would the Federal Reserve pursue if it wanted the economy to move to point B in the long run?
A) Sell treasury bills. B) Raise the discount rate. C) Decrease the money supply. D) Buy treasury bills. E) No policy will move the economy to point B in the long run.
Economics
A private investment firm that holds a portfolio of securities is called a mutual fund
a. True b. False Indicate whether the statement is true or false
Economics