Which of the following is the most frequently used tool the Fed uses to control the supply of money?
A. the discount rate
B. the reserve requirements
C. open market operations
D. the 30-year home-mortgage interest rate
Answer: C
Economics
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The real purpose of the Webb-Pomerene Act of 1918 was to alter the terms of trade in favor of the United States
Indicate whether the statement is true or false
Economics
The benefit principle states that_____
a. people who benefit from the rule of law should pay taxes b. people who benefit from Social Security should voter for it c. people who benefit from a government activity should pay for it in proportion to their wealth d. people who benefit from a government activity should be those who pay for it
Economics