The Federal Reserve finances its credit policy with
A) reserve deposits that private banks hold with the Fed.
B) the insurance premiums collected by the FDIC.
C) borrowing from the federal government.
D) funding from the U.S. Treasury Department.
A
Economics
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Trade restrictions will stop foreign imports, which will increase American employment and protect American jobs. Most economists realize this argument is wrong. Can you explain why?
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In June 2017, the Federal Open Market Committee raised the target for the federal funds rate to a range of 1.00 to 1.25 percent. To keep the federal funds rate in this target band, the Fed set the interest rate it pays on reverse repurchase agreements to
A) 1.00 percent. B) 1.125 percent, the mid-point of the target range. C) 1.25 percent. D) 2.25 percent.
Economics