Author Question: Social Security, like other governmental programs, alters individuals' decisions to save, consume ... (Read 102 times)

RRMR · **on:** Jun 30, 2018

Social Security, like other governmental programs, alters individuals' decisions to save, consume and invest privately for the present as well as the future.

Indicate whether the statement is true or false

Question 2

Assuming each policy is performed with the same magnitude, which of the following would be the most restrictive monetary policy action on the part of the Federal Reserve?

a. Sell government securities, raise reserve requirements, and lower the discount rate
b. Buy government securities, raise reserve requirements, and raise the discount rate
c. Sell government securities, lower reserve requirements, and raise the discount rate
d. Sell government securities, raise reserve requirements, and raise the discount rate