In the early post-war years, the Fed was reluctant to continue its wartime agreement with the Treasury because it believed the result would be
A) recession.
B) inflation.
C) higher taxes.
D) lower taxes.
B
Economics
You might also like to view...
A small change in a variable is
A) a ceteris paribus change. B) an efficient change. C) a marginal change. D) an average change.
Economics
If the economy slips into recession, the Fed ________ the federal funds rate, which ________ the short-term interest rate, and ________ the quantity of money
A) lowers; lowers; decreases B) raises; lowers; increases C) raises; lowers; decreases D) lowers; lowers; increases E) lowers; raises; increases
Economics