An implication of the Employment Act of 1946 is that the government should respond to changes in the private economy to stabilize aggregate demand

The term for the Fed's day-to-day technique for controlling the stock of money is called

A) discounting operations. B) interest-rate operations. C) liquidity operations. D) open heart operations. E) none of the above.

An increase in the money supply will decrease both interest rates and exchange rates.

a. true b. false