Author Question: The Federal Funds Committee executes the purchases and sales of government securities decisions of ... (Read 69 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
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.



tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

False

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library