In utilizing unconventional monetary policy in 2010, the Federal Reserve purchased
a. real estate worth more than $2 trillion.
b. $800 billion in Treasury bills.
c. over $1 trillion in mortgage backed securities.
d. $600 billion in long-term Treasury bonds.
d
Economics
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Which of the following would be an example of expansionary fiscal policy?
A) An increase in the individual income tax rate. B) Extending the period in which unemployed workers can collect unemployment benefits. C) A decrease in the amount of federal grants given to college students D) A decrease in interest rates.
Economics
A horizontal demand curve shows that demand for a good is _____
a. perfectly inelastic b. moderately inelastic c. unit-elastic d. moderately elastic e. perfectly elastic
Economics