The U.S. central bank is the government institution that:
A) monitors financial institutions, controls the money supply, and invests in foreign assets.
B) monitors financial institutions, controls the money supply, and sets certain key interest rates.
C) monitors financial institutions, controls the money supply, sets certain key interest rates, and decides on political targets.
D) controls the money supply and invests in foreign assets.
Question 2
If an economy is represented by a point along its production possibilities curve
A) it can produce more of one product only if it produces less of another product.
B) it cannot produce more of one product unless it stops producing the other product entirely.
C) it can produce more of one product even if it does not produce less of another product.
D) it cannot possibly produce more of one product, even if it produces less of another product.
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