Alom-?- 40, call (True or False) The President of the United States has the auth

Question

Alom-?- 40, call (True or False) The President of the United States has the authority to the Chairman of the Federal Reserve Board of Governors and tell the what type of monetary policy to carry out in order to coordinate monetary policy with the fiscal policy of the federal government. ard the Fed's decrease in the money supply would probably cause interest rates to t or ? ) Draw the graph using the Keynesian interest rate theory. 41. A Wha t economic problem is the Fed probably trying to solve? 42. If the Federal government was running a budget deficit for the current year (buy/sell) a debt the Treasury Department would have to instrument(s) that is commonly known as a 43. List the basic functions of money. 44. The type of financial market that consists of short-term credit instruments is called themarket. 45. The Federal Reserve Act was passed in what year? (om . 46. The National Credit Union Association insures deposits up to Can 47. in Monetarist Theory of interest, thecurve is determined by factors, namely and The Federal Open Market Committee offers recommenda Reserve Board of Governors to buy or sell tions to the Federal 48. . 49. List 3 of the cities in which Federal Reserve District Banks can be found. What is the MAJOR tool used by the Federal Reserve to influence member banks' reserves? so. om 51. List the three types of US Government securities. If the Fed wanted to fight inflation, it could (? or ? ) the required 52. reserve ratio, and/or (? or ? ) the discount rate, and/or have the oh53. In Classical Theory, the two curves that determine interest rate are labeled 54. The two types of qualitative controls available to the Federal Reserve Board Fed (buy/sell) securities. and of Governors are and

Explanation / Answer

40. False

Fed Governors' terms are 14 years; the Fed Chair has a four-year term. The President thus is not able to have the board members whose policies are aligned with his Government's. The President can select appointees whose philosophies align with theirs. The President appoints the seven-member board of Governors. Appointing those who align with the President's instincts. These are effective stewards of monetary policy.

42. sell debt instruments; treasury bills & bonds

44. Money market

It is the market for short-term instruments

Financial instruments that handle the purchase the sale of short-term credit instruments. These are concerned with the need for working capital.

46 $250000

National Credit Union Administration - insures the deposits of credit union members nationwide; it is an independent federal agency

48. FOMC determines the direction of Monetary Policy

A policy change results in buying, or, selling the US Government Securities. This is to promote the growth of the economy in the open market.

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.