Deflation means a decrease in:
a. the rate of inflation.
b. the prices of all products in the economy.
c. homes, autos, and basic resources.
d. the general level of prices in the economy.
d
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Which of the following policy tools is the federal reserve the least likely to use in order to actively change the money suppl
A. Discount rate B. Discount loans C. Reserve requirements
Which of the following is a part of the Global Legal Settlement of 2002?
A) The establishment of a Public Company Accounting Oversight Board (PCAOB) to supervise accounting firms and thus insure that audits are independent and controlled for quality. B) Increased penalties for white-collar crime and obstruction of official investigations. C) Requires a CEO and CFO to certify that periodic financial statements and disclosure of the firm are accurate. D) Requires investment banks to make public their analysts' recommendations.