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Author Question: In the aggregate expenditures model, if aggregate expenditures (AE) are less than GDP, then GDP ... (Read 89 times)

kamilo84

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on: Jun 30, 2018
In the aggregate expenditures model, if aggregate expenditures (AE) are less than GDP, then GDP decreases.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Describe the functions of the Federal Reserve System.


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jgranad15

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

The Fed's functions include (1) controlling the money supply, (2) clearing checks, (3) supervising and regulating banks, (4) maintaining and circulating currency, (5) protecting consumers, and (6) maintaining federal government checking accounts and gold reserves.


kamilo84

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amandalm

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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