Gold is:

A. very important for monetary policy in the U.S.
B. a small portion of the Fed's assets.
C. the most important asset on the Fed's balance sheet.
D. extremely important as an asset for the Fed.

Answer: B

Economics

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If the Fed raises the U.S. interest rate, the demand for dollars ________ and the exchange rate ________

A) increases; rises B) increases; falls C) decreases; rises D) decreases; falls

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Explain why it may be advantageous to have technological change explained by, rather than outside of, a growth model

What will be an ideal response?

Economics