The Federal Reserve's primary monetary policy-making body is the

In an economy that did not use money, but in which barter was exclusively employed for the exchange of goods, inflation

A) could not occur. B) would be almost entirely the result of speculation. C) would benefit buyers more than sellers. D) would redistribute real income rather than money income. E) would strike hardest at those on fixed incomes.

Japan was accused of dumping in the steel industry within the United States when it

A) negotiated an illegal agreement to raise prices with U.S. steel industries. B) prohibited imports of U.S. steel into Japan. C) sold steel in the United States at a price below its cost of production. D) negotiated an illegal trade deal with Canada.