The Fed’s principal objective is to

A. make profits to pay into the U.S. Treasury.
B. collect tax revenues.
C. supervise the business decisions of banks.
D. manage the money supply and interest rates.

Answer: D

Economics

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What kind of system is the United States economy based on?

Fill in the blank(s) with the appropriate word(s).

Economics

Which of the following is not correct?

a. Evaluating statements about how the world should be involves values as well as facts. b. Positive statements can, in principle, be confirmed or refuted by examining evidence. c. Normative statements can be judged using data alone. d. Deciding what is good or bad policy is not just a matter of science.

Economics