Which of the following institutions within the Federal Reserve System determines how many government securities the Fed should buy or sell on a given day?
A) the Federal Reserve Bank of Chicago's Board of Trade.
B) the Board of Governors.
C) Federal Advisory Committee.
D) the Federal Reserve Bank of New York's Trading Desk.
Question 2
The ________ in a country's GDP during a recession is smaller if wages are ________.
A) fall; rigid B) increase; rigid C) fall; flexible D) increase; flexible