A forward exchange market contract obligates the owner to make a trade at a specified exchange rate a fixed number of days in the future

Open market sales of bonds by the Federal Reserve reduce the money supply and

a. reduce aggregate expenditures b. increase real aggregate expenditures c. are helpful in monetizing the federal debt d. stimulate purchases of consumer durables e. stimulate spending at many levels

The broadest-based price index available is the

A. consumer price index. B. wholesale price index. C. GDP deflator. D. producer price index.