What was the original intent of the Federal Reserve Act of 1913?
What will be an ideal response?
The original intent was to create a central bank which have control over the amount of currency outstanding and the amount of discount loans in its role as a lender of last resort.
Economics
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Eminent domain is used by
A) the federal government. B) state governments. C) local governments. D) All of the above are correct.
Economics
If you were building a macroeconomic model that explores the effect of the aging population on the needed expenditure for Social Security and Medicare, the exogenous variable(s) would be the
A) aging population. B) needed expenditure on Social Security. C) needed expenditure on Medicare. D) needed expenditure on both Social Security and Medicare.
Economics