Author Question: The real purpose of the Webb-Pomerene Act of 1918 was to alter the terms of trade in favor of the ... (Read 83 times)

biggirl4568 · **on:** Jun 30, 2018

The real purpose of the Webb-Pomerene Act of 1918 was to alter the terms of trade in favor of the United States.

Indicate whether the statement is true or false

Question 2

Which of the following variables that affect the money stock are outside the direct control of the Federal Reserve?

a. Currency/deposit ratio
b. Excess reserve/deposit ratio
c. Required reserve/deposit ratio
d. The speed of the money creation process.
e. Both a and b