Author Question: In its function of controlling the money supply, the Fed does which one of the following? a. ... (Read 95 times)

asmith134 · **on:** Jun 30, 2018

In its function of controlling the money supply, the Fed does which one of the following?
a. Controls the money supply.
b. Clears checks.
c. Regulates banks.
d. Holds gold belonging to foreign governments.
e. All of these.

Question 2

Socialism is correctly described by which of the following statements?
a. Central planning is used exclusively to answer the basic economic questions.
b. Markets are used exclusively to answer the basic economic questions.
c. Tradition is used exclusively to answer the basic economic questions.
d. Government ownership of many resources and centralized decision-making answers the basic economic questions.