Which of the following is an example of monetary policy?

When the production possibilities curve is bowed out, resources are

a. equally well-suited to production of both goods. b. not being used efficiently. c. not equally suited to the production of both goods. d. available in larger and larger quantities as more of one good is produced.

Part of the controversy about Fed independence include(s)

A. the goal to bring all macroeconomic policy under the direct control of the president. B. the appropriate role of the Fed in policy making. C. how to make the Fed more powerful than other central banks. D. All of the above are correct.