Which of the following is the smallest portion of the market basket of goods that makes up the CPI?

Why has the federal government generally run budget deficits over the past several decades?

A) Political pressures make expenditures hard to control. B) The federal government's control of the money supply enables it to borrow indefinitely without becoming unable to find creditors. C) The public has accepted the notion that budget deficits can be good for the economy. D) A combination of the three factors mentioned above.

What is the most-used instrument for controlling week-to-week changes in the money supply?

(A) The required reserve ratio (B) The money multiplier (C) The discount rate (D) Open market operations