Econ test in an hour, anyone know the answers to these questions?

Started by The artist formally known, December 13, 2007, 12:44:59 PM

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The artist formally known

1. Members of the federal bank reserve board of govenors are appointed for one fourteen year term so that they:
A. Are more likely to make politically-acceptable decisions
B. Make their decisions based on economic, rather than political, considerations

2. Which of the following services is performed by the regional Federal Reserve Bank
A. Holding bank reserves
B. Determining open-market operations
C. Bailing out liquidating failed banks
D. Issuing government bonds

The artist formally known

3. If the real interest rate is constant at 6 perfect and the anticipated inflation rate falls from 6 to 3 perfect the nominal internet rate must change from:
A. 12 to 9 percent
B. Zero to negitive 3 percent
C. Zero to 3 percent
D. 6 to 3 percent

The artist formally known


NOA_Haunted

Quote from: reefer on December 13, 2007, 12:44:59 PM
1. Members of the federal bank reserve board of govenors are appointed for one fourteen year term so that they:
A. Are more likely to make politically-acceptable decisions
B. Make their decisions based on economic, rather than political, considerations

2. Which of the following services is performed by the regional Federal Reserve Bank
A. Holding bank reserves
B. Determining open-market operations
C. Bailing out liquidating failed banks
D. Issuing government bonds

The artist formally known

Quote from: xXTheHaunted on December 13, 2007, 01:03:19 PM

On the second one, the Fed bank also holds band reserves, right?

But not the regional bank... right?

NOA_Haunted

Quote from: reefer on December 13, 2007, 01:08:46 PM
On the second one, the Fed bank also holds band reserves, right?

But not the regional bank... right?
I have no clue I just want luts.

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