The Board of Governors of the Federal Reserve System can increase commercial bank reserves by:
a. Increasing the reserve ratio
b. Buying government securities in the open market
c. Decreasing the prime interest rate
d. Increasing the discount rate
b. Buying government securities in the open market
Economics
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The U.S. economy experienced deflation right after World War I and World War II
a. True b. False Indicate whether the statement is true or false
Economics
In 2012 the public debt was $16.4 trillion. Put this number in perspective by relating the debt to GDP, to other countries’ debt, to the amount of interest payments on the debt, and to ownership of the debt.
What will be an ideal response?
Economics