Which of the following is NOT a part of the Federal Reserve System?
A) the Federal Deposit Insurance Corporation B) the Board of Governors
C) the Twelve District Federal Reserve banks D) the Federal Open Market Committee
A
Economics
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Assuming that the rational expectations hypothesis is NOT in effect, in the short run an expansionary monetary policy should
A) generate stagflation. B) shift the aggregate supply function. C) increase real Gross Domestic Product (GDP) and the price level. D) increase the rate of unemployment.
Economics
The quantity of dollars demanded by foreign nations increases as
A) U.S. residents purchase more foreign goods. B) foreigners purchase more U.S. goods. C) more U.S. residents travel abroad. D) U.S. exports fall.
Economics