The interest-rate-based transmission mechanism assumes that the Fed can stimulate investment by
A) selling bonds.
B) buying bonds.
C) raising the discount rate relative to the federal funds rate.
D) raising the required reserve ratio.
B
Economics
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In the United States during the 1970s, expected inflation
a. rose substantially. b. rose slightly. c. fell slightly. d. fell substantially.
Economics
Which of the following gave the U.S. federal government permanent authority to issue money?
A. The creation of the FDIC and FSLIC in 1933. B. The Monetary Control Act of 1980. C. The National Banking Act of 1863. D. The Constitution of the United States in 1779.
Economics