If the prices of goods and services were expressed in terms of carved wooden beads, then the carved wooden beads would be serving as a

Which of the following policy tools did the Fed create in 2008 to address the financial crisis?

i) quantitative easing ii) credit easing iii) open market operations A) ii only B) i and ii C) i and iii D) i only E) ii and iii

What, according to the textbook, accounts for the federal budget surplus in the late 1990s?

A) A move toward virtue on Capital Hill B) Strong economic growth during that period C) Huge increases in tax rates D) A successful beggar-thy-neighbor strategy