If the Fed is concerned about a possible recession, it ________ the federal funds rate, which ________ the quantity of reserves and ________ the amount of bank loans.
A) raises; increases; increases
B) lowers; increases; increases
C) raises; decreases; decreases
D) lowers; increases; decreases
E) lowers; decreases; decreases
Question 2
The collection of laws, regulatory measures, and actions concerning a particular topic that originate with some body of government is called
A) fiscal policy.
B) public policy.
C) private policy.
D) antitrust policy.