Which group aids the Board of Governors of the Federal Reserve System in conducting monetary policy?
A. U.S. Treasury
B. U.S. Congress
C. Federal Advisory Council
D. Federal Open Market Committee
D. Federal Open Market Committee
Economics
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Which of the following are most likely to become an endangered species?
A) animals in the wild B) domesticated animals C) animals that people like to keep at home as pets D) animals that people have property rights to own
Economics
The equation now called the ______________ starts with a 2 percent real interest rate, and then instructs the Fed to lower the interest rate in proportion to any recessionary gap and to raise it in proportion to any excess of inflation above 2 percent.
A. Taylor rule B. rule of 70 C. Spencer’s rule D. None of the above is correct.
Economics