Author Question: Income taxes were made constitutional in the United States by the ________. A) Recovery Act of ... (Read 46 times)

FButt

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Income taxes were made constitutional in the United States by the ________.
 
  A) Recovery Act of 2009
  B) 16th Amendment to the U.S. Constitution
  C) Sherman Anti-Trust Act of 1890
  D) Gramm-Leach-Bliley Act of 1999

Question 2

If the great majority of shocks to our system arise from unpredictable shocks to money demand, the preferred tactic of monetary policy is targeting
 
  a. reserves.
  b. interest rates.
  c. M2.
  d. reserves plus currency.



amanda_14

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Answer to Question 1

B

Answer to Question 2

B



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