The 12 regional Fed banks do all of the following except:

Tax policy conducted for the purpose of achieving full employment, price stability, or economic growth is an example of

A) discretionary fiscal policy. B) interest-rate policy. C) monetary policy. D) exchange-rate policy.

The classical theory predicts that

A) countries will completely specialize in the production of export goods. B) considerable trade will occur between countries with different levels of technology. C) small countries could obtain all of the gains from trade when trading with large countries. D) All of the above.