Author Question: In the United States, monetary policy is the responsibility of the Federal Reserve Board of ... (Read 75 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
In the United States, monetary policy is the responsibility of the Federal Reserve Board of Governors and the Federal Open Market Committee.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The desire to keep assets in cash to take advantage of favorable changes in the value of non-cash assets is called the:
 a. speculative demand for money.
  b. wealth demand for money.
  c. risk interest in money.
  d. precautionary demand for money.
  e. transactions demand for money.



aidanmbrowne

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

True

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

For a complete list of videos, visit our video library