FOMC voting rights
a. are given to all twelve regional bank presidents.
b. rotate among the twelve regional bank presidents
c. rotate among the twelve regional bank presidents, except the president of the New York Fed, who always gets a vote.
d. are all given to the president of the New York Fed, since all of the Fed's bond sales and purchases are conducted at the New York Fed trading desk.
c
Economics
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Starting from equilibrium in the money market, suppose the money supply increases. Other things being equal, this will cause an excess demand for money, leading people to sell bonds
a. True b. False Indicate whether the statement is true or false
Economics
If a currency depreciates, a country's net exports
a. fall and AD increases. b. rise and AD increases. c. fall and AD decreases. d. rise and AD decreases.
Economics