In practice, money supply and short-term interest rates are determined by the
A. Treasury and Commerce departments.
B. Federal Open Market Committee.
C. Board of Governors.
D. House and Senate.
Answer: B
Economics
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Suppose a babysitter demands payment in full before the parents go out for the night. Using the economic way of thinking, the babysitter is clearly
A) exploiting the parents. B) exploiting the children. C) selling short. D) in it only for the money.
Economics
For the firm in the real intertemporal model with investment
A) depreciation occurs more quickly if the firm produces more output. B) depreciation takes place at a constant rate. C) depreciation can be slowed with more maintenance. D) depreciation is always 100%.
Economics