Author Question: The Feds policymaking branch is called the a. Council of Economic Advisors. b. Federal Open ... (Read 26 times)

Mr.Thesaxman · **on:** Jul 9, 2018

The Feds policymaking branch is called the

a. Council of Economic Advisors.
b. Federal Open Market Committee.
c. Greenspan Commission.
d. Office of Management and Budget.
e. Trade Promotion Authority.

Question 2

The federal funds rate is the

a. rate that banks charge for overnight loans to one another.
b. universal interest rate set by the Fed.
c. rate at which Congress increases federal spending.
d. rate at which business are taxed.
e. rate at which individuals may borrow money from federal financial institutions.