Author Question: The primary purpose of the Federal Open Market Committee (FOMC) is to: a. set reserve requirements. ... (Read 29 times)

stock

  • Hero Member
  • *****
  • Posts: 573
The primary purpose of the Federal Open Market Committee (FOMC) is to:
 a. set reserve requirements.
 b. extend loans to member banks of the Fed.
  c. buy and sell government securities.
 d. distribute Federal Reserve notes.
 e. enforce bank regulations.

Question 2

The impact of computers on U.S. productivity growth:
 a. has been disappointingly smallabout one-half percentage point annually between 1972 and 1996.
  b. has been dramatic, contributing to significant growth during the early years of the 21st century.
  c. has been significant in the health care sector but not elsewhere.
 d. has actually been negative in most industries.
 e. was greater during the period 19721990 than it has been since that time.



Jsherida

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

c

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

For a complete list of videos, visit our video library