The Fed-Treasury Accord of March 1951 provided the Fed greater freedom to

A) let interest rates increase.
B) let unemployment increase.
C) let inflation accelerate.
D) let exchange rates increase.

A

Economics

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In a simplified banking system with a 20 percent required reserve ratio, a $1,000 open-market sale by the Fed would cause the money supply to:

a. increase by $200 b. decrease by $200. c. decrease by $5,000 d. increase by $5,000.

Economics

Entrepreneurship is

A) the talent for organizing the use of land, labor and capital, among other things. B) skill in influencing government regulators and legislators. C) accumulated technical knowledge in using labor and capital. D) knowledge of the particular natural resources to be found in a given area.

Economics