Macroeconomics: US Fiscal and Monetary Policy - US Fiscal and Monetary Policy
6 important questions on Macroeconomics: US Fiscal and Monetary Policy - US Fiscal and Monetary Policy
What are the gov't source of income?
- Tax Revenue
- Federal Expenditures
True or False. During times of recession, the gov't conducts discretionary fiscal policy or ad hoc actions i.e. Increase spending and decreases taxes.
Why is your checking account known as a demand deposit?
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What the Feds monetary policy goals are?
- Moderating long term interest rates
- Maximizing employment
- Promoting price stability
True or False. Deflation occurs when the output grows faster than the money supply.
True or False. Increasing the RRR, Required Reserved Ratio would decrease the money supply and would increase the interest rate.
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