This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the United States, who determines monetary policy? What is the major tool used to determine ... (Read 103 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
In the United States, who determines monetary policy? What is the major tool used to determine monetary policy?
 
  What will be an ideal response?

Question 2

Because a decrease in real autonomous spending results in a ________ in the price level, the ultimate effect on real GDP is ________ than predicted by the multiplier.
 
  A) fall; larger B) fall, smaller C) rise; smaller D) fall; smaller


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

The Federal Reserve Bank's Federal Open Market Committee determines monetary policy. The committee is made up of the Board of Governors and 5 reserve bank presidents. Their main tool is buying and selling existing U.S. government securities in open markets.

Answer to Question 2

D


jparksx

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you


matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Major Events in the History of Psychology (6 of 6) Major Events in the History of Psychology (6 of 6)
In 2008, Barack Obama was elected president of the United States, the first minority to achieve this ... In 2008, Barack Obama was elected president of the United States, the first minority to achieve this ...
Functional brain imaging is the major method of cognitive neuroscience. This image—taken from the ... Functional brain imaging is the major method of cognitive neuroscience. This image—taken from the ...
Colorimetric multiplex assay to determine anti-HLA antibodies in a patient's serum. Colorimetric multiplex assay to determine anti-HLA antibodies in a patient's serum.
Percent of Selected Foods and Beverages Consumed in the United States Percent of Selected Foods and Beverages Consumed in the United States
The Global Positioning System determines the location of an object from its distances to ... The Global Positioning System determines the location of an object from its distances to ...
Video: Leukemia

For a complete list of videos, visit our video library