Decisions regarding purchases and sales of government securities ...

[formula1]

Decisions regarding purchases and sales of government securities by the Fed are made by the:
 a. Federal Deposit Insurance Commission (FDIC).
  b. Discount Committee (DC).
  c. Federal Open Market Committee (FOMC).
  d. Federal Funds Committee (FFC).

Question 2

Receipt of foreign aid permits less-developed countries to move to a point outside their production possibilities curve.
 a. True
  b. False
  Indicate whether the statement is true or false

[duke02]

Answer to Question 1

c

Answer to Question 2

True

[formula1]

Thanks for the timely response, appreciate it

[yeungji]

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