In the long run, a rise in a country's price level (relative to the foreign price level) causes its currency to ________, while a fall in the country's relative price level causes its currency to ________

Which of the following is not a responsibility of the Fed?

A) supervising member banks B) serving as the lender of last resort C) determining the level of government spending D) providing check-clearing services E) supplying the economy with Federal Reserve Notes

In response to the financial crisis of 2008, the federal government passed a ________ bailout bill.

A. $450 million B. $36 billion C. $700 billion D. $3 trillion