The top policy goal for Paul Volcker when he became chairman of the Federal Reserve's Board of Governors in 1979 was
A) increasing regulation of commercial banks.
B) increasing employment.
C) a low current account deficit.
D) fighting inflation.
E) increasing economic growth.
D
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How can economists be confident that the pill itself is responsible for the increases in female labor force participation?
A. States that legalized the pill earlier also had earlier increases in female labor force participation. B. Starting from 1960, the year the pill was approved for sale, female labor force participation has been rising. C. States that legalized different versions of the pill had different patterns of female labor force participation. D. It seems to be common sense that delaying childbearing would increase labor force participation.
The above figure shows a graph of the market for pizzas in a large town. At a price of $10, there will be
A) no pizzas supplied. B) equilibrium. C) excess supply. D) excess demand.