Author Question: Federal Reserve Chairman Ben Bernanke once said if all else fails, the Fed could drop money from ... (Read 65 times)

luvbio · **on:** Jun 29, 2018

Federal Reserve Chairman Ben Bernanke once said if all else fails, the Fed could drop money from helicopters to help the US economy. If helicopter Ben ever comes to the rescue and begins dropping money from the sky, the will be engaged in

A) shenanigans.
B) expansionary monetary policy.
C) operation financial Armageddon.
D) contractionary monetary policy.

Question 2

In the figure above, if Mac and Izzie both completely specialized and traded with one another, their joint output would be

A) 3 computers and 3 TV sets per month.
B) 6 computers and 6 TV sets per month.
C) 12 computers and 12 TV sets per month.
D) 24 computers and 24 TV sets per month.