Author Question: In the United States, monetary policy is the responsibility of the Federal Reserve Board of ... (Read 59 times)

V@ndy87

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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

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Answer to Question 1

True

Answer to Question 2

a



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