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Author Question: Related to the Economics in Practiceon p. 541: In January 2014, ________ was confirmed as Chair of ... (Read 145 times)

renzo156

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Question 1

The Federal Reserve's policy to "lean against the wind" means that


◦ when output is high, the Fed sets a high interest rate.
◦ when price levels are high, the Fed sets a low interest rate.
◦ when output is low, the Fed sets a high interest rate.
◦ when price levels are low, the Fed sets a high interest rate.

Question 2

Related to the 
Economics in Practice on p. 541: In January 2014, ________ was confirmed as Chair of the Board of Governors of the Federal Reserve System.


◦ Ben Bernanke
◦ Paul Volcker
◦ Janet Yellen
◦ Jim Adams


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Marked as best answer by renzo156 on Apr 19, 2019

Juro

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