With respect to controlling the money supply, the law requires the Fed to take orders from:
A. the President.
B. the Speaker of the House.
C. the Secretary of the Treasury.
D. no one?the Fed is an independent agency.
Answer: D
Economics
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Property rights uncertainty will usually cause
a. lower levels of investment spending. b. lower levels of real interest rates. c. higher levels of investment spending. d. higher levels of real interest rates.
Economics
It is difficult for cyclically unemployed individuals to find jobs because:
A. they do not meet the qualifications required for the available jobs. B. the economy is in a recession. C. they quit their last job and employers view them with suspicion. D. they have not looked long enough to find a job.
Economics