All decisions of the Fed are subject to approval by: a. the ...

[jessicacav]

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.

[scottmt]

Answer to Question 1

d

Answer to Question 2

d

[jessicacav]

TYSM

[Sarahjh]

Gracias!