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Author Question: The Federal Funds Committee executes the purchases and sales of government securities decisions of ... (Read 37 times)

nautica902

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on: Jun 30, 2018
The Federal Funds Committee executes the purchases and sales of government securities decisions of the Federal Reserve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

International comparisons of per capita GDP may not reflect the standard of living because __________.
 a. currency exchange rates may not fully account for differences in purchasing power, and thus people in a country with high per capita GDP may have a lower standard of living because of high local prices for food, housing, or other necessities.
  b. people in some countries enjoy poverty and do not mind a lack of access to medicine, education, nutritious food, and safe drinking water.
  c. markets do not exist in less-developed countries.
 d. None of the answers above are correct.


tandmlomax84

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

False

Answer to Question 2

a


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