Author Question: Which of these statements best describes the influence of interest rate adjustments by the Federal ... (Read 59 times)

cmoore54 · **on:** Jul 9, 2018

Which of these statements best describes the influence of interest rate adjustments by the Federal Reserve?

a. They always lead to lower rates of marginal taxes.
b. They can spur economic growth by increasing the cost of money for business.
c. They can spur economic growth by increasing the available money supply.
d. They increase corporate profits by making money more available.

Question 2

___ President Barack Obama successfully championed the creation of a state fiscal stabilization fund to reduce the need for state spending cuts and associated employee layoffs occasioned by economic recession.

Indicate whether this statement is true or false.