Under the Employment Act of 1946, what action did the federal government take for the first time in U.S. history?
(a) Assuming power and responsibility for managing the world economy
(b) Assuming power and responsibility for managing the U.S. economy
(c) Relinquishing all influence for managing the U.S. economy to state governments
(d) Relinquishing all influence for managing the U.S. economy to the private sector
(b)
Economics
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Indicate whether the statement is true or false
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State whether the following statement is true or false AND explain why: "An increase in the interest rate paid on excess reserves will always cause an increase in the federal reserve funds rate."
Indicate whether the statement is true or false
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