72. Rothbard believed that an accurate measure of the money supply: a. would inc

Question

72. Rothbard believed that an accurate measure of the money supply: a. would include saving accounts in banks. b. would include life insurance surrender values. c. would include money market mutual funds. d. All of the above. e. Only A and B of the above. 73. To restore “sound money” Rothbard argues that: a. we need a combination of gold and silver to back up our currency. b. the job of printing currency should be transferred to the U.S. Mint. c. the Federal Reserve should be abolished. d. FDIC premiums should be increased by between 50% and 100%. e. All of the above. 74. Why does the Fed want to stimulate spending by decreasing interest rates? a. Because they are Keynesians. b. Because they are Monetarists. c. Because they are Austrians. d. Because they are gold bugs. e. None of the above. 75. As a response to the 2001 recession, the Fed lowered the federal funds rate down to a low of about: a. 3% b. 2.5% c. 2% d. 1% e. 0.25%

Explanation / Answer

Question 72). Answer :- Option a). would include saving accounts in banks.

Question 73). Answer :- Option a). we need a combination of gold and silver to back up our currency.

Question 74). Answer :- Option a). Because they are Keynesians.

Question 75). Answer :- Option d). 1 %

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