Open market sales of bonds by the Federal Reserve reduce the money supply and
a. reduce aggregate expenditures
b. increase real aggregate expenditures
c. are helpful in monetizing the federal debt
d. stimulate purchases of consumer durables
e. stimulate spending at many levels
A
Economics
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a. firms act to maximize the dividends paid to stockholders b. households act to maximize their wealth c. households act to maximize utility d. firms act to maximize revenue e. both households and firms act to minimize expenditures
Economics
Each district bank of the Fed comprises of nine board of directors of which three are appointed by the:
a. Federal Reserve System member banks. b. President. c. Attorney General. d. Board of Governors of the Fed. e. Congress.
Economics