Author Question: The primary purpose of the Federal Open Market Committee (FOMC) is to: a. set reserve requirements. ... (Read 56 times)

stock

  • Hero Member
  • *****
  • Posts: 573
The primary purpose of the Federal Open Market Committee (FOMC) is to:
 a. set reserve requirements.
 b. extend loans to member banks of the Fed.
  c. buy and sell government securities.
 d. distribute Federal Reserve notes.
 e. enforce bank regulations.

Question 2

The impact of computers on U.S. productivity growth:
 a. has been disappointingly smallabout one-half percentage point annually between 1972 and 1996.
  b. has been dramatic, contributing to significant growth during the early years of the 21st century.
  c. has been significant in the health care sector but not elsewhere.
 d. has actually been negative in most industries.
 e. was greater during the period 19721990 than it has been since that time.



Jsherida

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

c

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

For a complete list of videos, visit our video library