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Author Question: The major objective of the Federal Reserve System is to: a. make substantial profits for its member ... (Read 59 times)

dmcintosh

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on: Jun 30, 2018
The major objective of the Federal Reserve System is to:
 a. make substantial profits for its member banks.
 b. help in generating stabilization policies for the economy.
  c. distribute paper money and coins to banks and retail stores.
  d. prevent closure (failure) of individual member banks.

Question 2

A recessionary real shock will:
 a. shift the aggregate demand curve to the left and reduce real GDP.
  b. shift the aggregate demand curve to the right and increase real GDP.
  c. shift the aggregate supply curve to the left and increase real GDP.
  d. shift the aggregate supply curve to the left and reduce real GDP.
  e. shift the aggregate supply curve to the right and increase real GDP.


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mcni194

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

b

Answer to Question 2

d


dmcintosh

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Reply 2 on: Jun 30, 2018
:D TYSM

sailorcrescent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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