Between 1981 and 2012, the United States
A) had a current account surplus almost every year.
B) some years had a deficit and some years had a surplus that totaled a surplus of 2.5 trillion.
C) had a current account surplus or deficit that almost equal to 0 every year.
D) had a current account deficit almost every year.
E) some years had a deficit and some years had a surplus that netted out to 0.
Question 2
The main policy making body of the Federal Reserve System is the
A) Federal Monetary Conditions Board.
B) Board of Presidents of the Federal Reserve Banks.
C) Board of Governors of the Federal Reserve System.
D) Federal Open Market Committee.
E) Board of Advisors.
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