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Author Question: All decisions of the Fed are subject to approval by: a. the President of the United States. b. the ... (Read 27 times)

jessicacav

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on: Jun 30, 2018
All decisions of the Fed are subject to approval by:
 a. the President of the United States.
  b. the U.S. Congress.
 c. the FDIC
 d. none of the above

Question 2

If the public expects the incumbent administration to stimulate the economy shortly before an election:
 a. the unemployment rate will fall at the cost of higher inflation.
  b. the economy will move up the short-run Phillips curve.
  c. lower inflation will prevail, and the rate of unemployment will remain unchanged.
  d. the economy will immediately move up the long-run Phillips curve.
  e. neither inflation nor the unemployment rate will change.


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scottmt

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

d

Answer to Question 2

d


jessicacav

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

momolu

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Reply 3 on: Yesterday
Excellent

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