The Federal Reserve controls the money supply through all of the following actions EXCEPT
A. raising the percentage of funds members banks are required to hold in reserve.
B. lowering the tax rate on individuals.
C. lowering the interest rate that member banks are charged when they borrow from the Federal Reserve.
D. raising the interest rate that member banks are charged when they borrow from the Federal Reserve.
E. lowering the percentage of funds members banks are required to hold in reserve.
Answer: B
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Which of the following is an alternative method of judicial selection compared to what Texas uses today?
a. all judges being elected b. all judges being appointed with no election process c. judicial seats being filled by the governor until the next election d. the legislature being able to impeach unethical judges e. the judicial branch being able to recommend the removal of judges for questionable behavior
______ are budget allocations made outside the normal budget cycle to cover shortfalls during the fiscal year.
Fill in the blank(s) with the appropriate word(s).