Author Question: Which of the following are policy tools used by the Federal Reserve? i. the federal personal ... (Read 38 times)

mcmcdaniel · **on:** Jun 29, 2018

Which of the following are policy tools used by the Federal Reserve?

i. the federal personal income tax
ii. open market operations
iii. changing the required reserve ratio
A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii

Question 2

The new growth theory

A) corrects for poor estimates of population growth.
B) applies to only very poor, less-developed nations.
C) eliminates technological advances from the growth picture.
D) asserts that economic growth can be rapid but can only persist for a limited period of time.
E) explains the source of technological advances.