At the Federal Reserve,
a. the nation's monetary and fiscal policies are made by the Federal Open Market Committee, which meets about every six weeks.
b. the nation's monetary and fiscal policies are made by the Federal Open Market Committee, which meets twice a year.
c. the nation's monetary policy is made by the Federal Open Market Committee, which meets about every six weeks.
d. the nation's monetary policy is made by the Federal Open Market Committee, which meets twice a year.
c
You might also like to view...
Assuming all else equal, a rise in the rate of interest:
A) results in a fall in the cost of borrowing. B) results in a fall in the amount of interest accumulated on a loan. C) results in a fall in the quantity of credit demanded. D) results in an increase in the number of potential debtors.
In the loanable funds market, the supply comes from
A) saving, the government budget surplus and international borrowing. B) only saving and the government budget surplus. C) only saving. D) only the government budget surplus and international borrowing.