Author Question: On the books of the Fed the difference between borrowed reserves and discount loans is equal to ... (Read 52 times)

altibaby

  • Hero Member
  • *****
  • Posts: 562
On the books of the Fed the difference between borrowed reserves and discount loans is equal to
 
  A) excess reserves.
  B) required reserves.
  C) currency in circulation.
  D) zero; they are the same thing.

Question 2

Nonactivists believe that ________.
 
  A) there is a very rapid self-correcting mechanism since prices and wages are very flexible
  B) lags to policy implementation are so long that even the correct policies may lead to undesirable consequences
  C) policy interventions should take place less frequently than what Keynesians advocate
  D) all of the above
  E) none of the above



momolu

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

For a complete list of videos, visit our video library