In 1913, Congress and the President did not envision that the Fed would control
A) the money supply.
B) discount loans.
C) lender-of-last-resort activity.
D) broad control over most aspects of money and the banking system.
D
Economics
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Long-term debt financing to midsize companies at the smaller end of the midsize range is provided by
A) commercial banks. B) individual investors. C) mutual funds. D) mezzanine debt funds.
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Discretionary fiscal policy works by shifting the short-run aggregate supply curve
a. True b. False Indicate whether the statement is true or false
Economics