This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the United States, who determines monetary policy? What is the major tool used to determine ... (Read 32 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
In the United States, who determines monetary policy? What is the major tool used to determine monetary policy?
 
  What will be an ideal response?

Question 2

Because a decrease in real autonomous spending results in a ________ in the price level, the ultimate effect on real GDP is ________ than predicted by the multiplier.
 
  A) fall; larger B) fall, smaller C) rise; smaller D) fall; smaller


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

The Federal Reserve Bank's Federal Open Market Committee determines monetary policy. The committee is made up of the Board of Governors and 5 reserve bank presidents. Their main tool is buying and selling existing U.S. government securities in open markets.

Answer to Question 2

D


jparksx

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you


matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Major types of microbial cell shapes. Major types of microbial cell shapes.
The Sleep/Waking Flip-Flop According to Saper et al. (2001), the major sleep-promoting region (the v The Sleep/Waking Flip-Flop According to Saper et al. (2001), the major sleep-promoting region (the v
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Major marma point locations. Major marma point locations.
Vitamin D plays a major role in bone health Vitamin D plays a major role in bone health
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Video: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library