Author Question: Identify a true statement about the Fed. A) The Fed is headed by a fifteen-member Board of ... (Read 67 times)

jhjkgdfhk · **on:** Jul 14, 2018

Identify a true statement about the Fed.
A) The Fed is headed by a fifteen-member Board of Governors.
B) The Fed manages the monetary policy of the United States.
C) The Federal Reserve Banks are owned by the federal government.
D) The Fed drastically increases the money supply when prices begin to rise.

Question 2

____ is the exportation of large quantities of a product at a price lower than that of the same product in the home market.
A) Embargo
B) Duty
C) Dumping
D) Export quota
E) Dropping