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Author Question: If the Fed wanted to reduce the federal funds interest rate, it might: a. decrease the interest ... (Read 82 times)

KWilfred

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on: Jun 30, 2018
If the Fed wanted to reduce the federal funds interest rate, it might:
 a. decrease the interest rate it pays on bank reserves.
  b. decrease the required reserve ratio.
 c. buy government securities.
 d. Do any of the above.

Question 2

What is the approximate per capita income of the US if the population is 3,405,813 and its GDP is 24 million?
 a. 8.17
  b. 1.41
  c. 7.05
  d. 0.08
  e. 6.18


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zogaridan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


KWilfred

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

ryhom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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