In practice, money supply and short-term interest rates are determined by the
a. Treasury and Commerce departments.
b. Federal Open Market Committee.
c. Board of Governors.
d. House and Senate.
b
Economics
You might also like to view...
What is a monopsony and how does a monopsonistic firm determine the wage rate to pay its employees?
What will be an ideal response?
Economics
Explain why the bid-ask spread on most municipal bonds would be greater than the spread on U.S. Treasury bonds.
What will be an ideal response?
Economics