When the New York Federal Reserve Bank buys securities, it causes the federal funds rate to
a. fluctuate unpredictably.
b. go down.
c. go up.
d. hold steady.
e. vanish.
ANS: B
Political Science
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Bureaucracy is a form of organization found only in government
Indicate whether the statement is true or false.
Political Science
An example of an independent grant-making agency of the federal government is
a. NASA. b. the Arctic Research Commission. c. the Committee on Indian Affairs. d. the Department of Education. e. the National Endowment for the Humanities.
Political Science