Decisions regarding purchases and sales of government securities by the Fed are made by the:

a. Federal Deposit Insurance Commission (FDIC).
b. Discount Committee (DC).
c. Federal Open Market Committee (FOMC).
d. Federal Funds Committee (FFC).

c

Economics

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Which of the following will raise the expected marginal product of capital?

A) a reduction in the interest rate B) increased business optimism C) an investment tax credit D) a reduction in the corporate profits tax

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An agricultural price support is an example of a price ceiling

Indicate whether the statement is true or false

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