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QUESTION 14 The theory of bureaucratic behavior indicates that _____ A. governme

ID: 2774546 • Letter: Q

Question

QUESTION 14

The theory of bureaucratic behavior indicates that _____

A. government agencies attempt to increase their power and prestige.

B. government agencies attempt to maximize their welfare

both A. and B. are true.

neither A. nor B. is true.

1 points   

QUESTION 15

_______ is the entity in the Federal Reserve System that controls the reserve requirements.

FOMC

Board of governors

Regional Fed banks

LOcal commercial banks

1 points   

QUESTION 16

Upward movements in interest rates _____

A. creates hostility toward the Fed and leads to demands that the Fed's power be curtailed.

B. makes it more difficult for construction firms to plan how many houses to build.

C. increases consumers' willingness to purchase houses.

Both A and B

A. government agencies attempt to increase their power and prestige.

B. government agencies attempt to maximize their welfare

both A. and B. are true.

neither A. nor B. is true.

Explanation / Answer

14. both A and B true

15. Board of governors

16. a. creates hostility toward the fed and leads to demands that the fed's power be curtailed.

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