Author Question: The Bank of the United States did not: a. act as a lender of last resort. b. help collect customs ... (Read 249 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
The Bank of the United States did not:
 a. act as a lender of last resort.
  b. help collect customs bonds.
  c. carry on foreign exchange operations.
  d. hold most of the U.S. Treasury deposits.
  e. The Bank of the United States engaged in all of these activities.

Question 2

The Laffer curve expresses a relationship between:
 a. tax rates and tax revenues.
  b. inflation and unemployment.
  c. interest rates and saving.
  d. money supply and the price level.



jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1

e. The Bank of the United States engaged in all of these activities.

Answer to Question 2

a. tax rates and tax revenues.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

For a complete list of videos, visit our video library