Monetary policy refers to: actions taken by the Fed to change the unemployment r

Question

Monetary policy refers to: actions taken by the Fed to change the unemployment rate by changing government spending and taxes. actions of financial intermediaries to change the money supply in order to maximize profits, actions of the President to change the money supply to achieve the economy's macroeconomic goals. actions by the Fed to change the money supply primarily to achieve a balance in the international markets. actions by the Fed to change the money supply to achieve the economy's macroeconomic goals. the Federal Open Market Committee of the Federal Reserve Bank: sets the direction of U.S. monetary policy. is a temporary committee that meets in times of financial emergencies. is by law. required to have meetings open to the public. is the part of the Fed that gathers information through open interaction with the financial markets. Open market operations refers to: Congressional oversight over Federal Reserve market operations. the Federal Reserve's buying and selling of U.S. government treasury securities. the banking system's rule that all of its operations must be subject to public audits. the idea that the buying and selling of securities must be done in public. the Fed's actions that are done under public scrutiny. Prior to the Great Depression, the predominant goal of U.S. fiscal policy was: to balance the budget and keep expenditures to a minimum. to fight inflation. to fight unemployment. to maintain an international balance of trade. to maximize tax revenues. Which of the following money assets is most portable? Stone dollar bills Cattle Iron bars Large clam shells A credit card is not considered to he part of the money supply because: it charges interest. credit card companies are not banks credit card holders can default credit is a form of a loan (a liability) that must be repaid. credit card debt is eventually repaid. One factor that weakened the effects of traditional expansionary monetary policy in the 2008-2009 recession was: Congress didn't vote to decrease the money supply. consumers decided to get loans while the "market is soft" Many banks remained reluctant to lend, contributing to slow growth in the circulation of the money supply. the policy caused interest rales to rise, thereby discouraging borrowing. the government lowered taxes. The concept of the cyclical deficit means that budget deficits naturally rise and fall over the course of the business cycle rise in the winter and fall in the summer are followed by a surplus in the subsequent sear typically turn to surpluses within five years always make the business cycle worse.

Explanation / Answer

16.
E actions by fed....goals
17.
A sets monetary policy of US
18.
B.The fed buying..
19.
A) to balace the budget and ..
20.
B Dollar Bills
21
D.credit card..

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