The Federal Funds Committee executes the purchases and sales of government securities decisions of the Federal Reserve.
a. True
b. False
Indicate whether the statement is true or false
Question 2
International comparisons of per capita GDP may not reflect the standard of living because __________.
a. currency exchange rates may not fully account for differences in purchasing power, and thus people in a country with high per capita GDP may have a lower standard of living because of high local prices for food, housing, or other necessities.
b. people in some countries enjoy poverty and do not mind a lack of access to medicine, education, nutritious food, and safe drinking water.
c. markets do not exist in less-developed countries.
d. None of the answers above are correct.
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Annual Federal Deficit (or Surplus), 1992–2016
Who Makes The Decisions at Home?
Government in America: People, Politics, and Policy, AP