The Fed's principal decision-making body, which directs buying and selling U. S. government securities, is known as the:

a. Federal Open Market Committee.
b. Federal Deposit Insurance Corporation.
c. District Board of Governors.
d. Reserve Requirement Regulation Conference.

a

Economics

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Unemployment increases when

A) an inflationary gap is created. B) potential GDP increases. C) the government decreases its expenditure on goods and services. D) aggregate demand increases. E) aggregate supply increases.

Economics

The estimated regression equation is Y = 10 + 2.5X, if X =0 than the predicted value of Y is equal to:

A) 12.5 B) 10 C) 2.5 D) 7.5

Economics