Lenders sell bonds and borrowers buy them
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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The Federal Reserve Act of 1913 tasked the central bank with which of the following purposes?
a) To establish more effective supervision of the banking system in the United States. b) To keep inflation high. c) To keep employment low. d) To provide employment in the federal government.
Economics
Media reports often suggest that the increasing public debt is a burden on future generations. What they mean is that
A) it reduces the current level of investment. B) it makes predicting future unemployment levels unpredictable. C) it causes deflation. D) it reduces both nominal and real interest rates.
Economics