Author Question: In the United States, monetary policy is the responsibility of the Federal Reserve Board of ... (Read 53 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
In the United States, monetary policy is the responsibility of the Federal Reserve Board of Governors and the Federal Open Market Committee.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The desire to keep assets in cash to take advantage of favorable changes in the value of non-cash assets is called the:
 a. speculative demand for money.
  b. wealth demand for money.
  c. risk interest in money.
  d. precautionary demand for money.
  e. transactions demand for money.



aidanmbrowne

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

True

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

For a complete list of videos, visit our video library