When the real interest rate falls, the consumption function A) ...

[Kthamas]

When the real interest rate falls, the consumption function
 
  A) does not shift and there is a movement downward along the consumption function.
  B) shifts upward.
  C) does not shift and there is a movement upward along the consumption function.
  D) shifts downward.
  E) does not shift and there is no movement along the consumption function.

Question 2

All of the following are elements in the structure of the Fed EXCEPT the
 
  A) 12 Federal Reserve Banks.
  B) presidents of the 12 Federal Reserve Banks.
  C) Executive Council to the Governor.
  D) Board of Governors.
  E) Federal Open Market Committee.

[kusterl]

Answer to Question 1

B

Answer to Question 2

C

[Kthamas]

Correct answers!

[kusterl]

Great! Please up vote