During a recession, unemployment compensation payments increase without the need for any government action. This increase is an example of

A) discretionary monetary policy.
B) automatic monetary policy.
C) automatic fiscal policy.
D) discretionary fiscal policy.
E) government expenditure, but it is not an example of either discretionary or automatic policy.

C

Economics

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Which of the following is NOT a subgroup of the Federal Reserve System?

A) the Federal Open Market Committee B) the Federal Funds Market C) the Federal Reserve Banks D) the Board of Governors

Economics

The purchase or building by a corporation of a facility in a foreign country is called

A) foreign direct investment. B) foreign capital depreciation. C) foreign portfolio investment. D) globally-directed investment.

Economics