Credit cards should be included in M1 because they are just like checks

If the prices in the United States rise faster than those in other countries,

A) the exchange rate rises. B) the exchange rate falls. C) then interest rate parity must not hold. D) the interest rate in the United States falls.

During the Great Depression, the Federal Reserve Board: a. prevented many bank failures

b. failed to act as a lender of last resort. c. failed to clear checks adequately. d. began operating as the government's bank. e. issued too many bank notes.