Author Question: The Fed controls the money supply in the U.S. economy largely through its ability to influence bank ... (Read 122 times)

HCHenry · **on:** Jun 30, 2018

The Fed controls the money supply in the U.S. economy largely through its ability to influence bank reserves and the money creating power of commercial banks.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Say that the equilibrium price of natural gas would be 5 per thousand cubic feet, but there is a price floor imposed at 7 per thousand cubic feet. That price floor is then lowered to 5 per thousand cubic feet. As a result,
a. the shortage of natural gas will get worse.
b. the shortage of natural gas will get less severe.
c. the surplus of natural gas will get worse.
d. the surplus of natural gas will be eliminated.

nekcihc358 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

d

HCHenry · **Reply #2 on:** Jun 30, 2018

Correct answers!

nekcihc358 · **Reply #3 on:** Jun 30, 2018

Great! Please up vote

Author Question: The Fed controls the money supply in the U.S. economy largely through its ability to influence bank ... (Read 122 times)

HCHenry

The Fed controls the money supply in the U.S. economy largely through its ability to influence bank ...

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nekcihc358

The Fed controls the money supply in the U.S. economy largely through its ability to influence bank ...

HCHenry

The Fed controls the money supply in the U.S. economy largely through its ability to influence bank ...

nekcihc358

The Fed controls the money supply in the U.S. economy largely through its ability to influence bank ...