23) Which of the following legislation says the Federal Reserve should promote price stability andmaximum employment, but does not specify how the Federal Reserve should weight thesegoals?the Clayton Antitrust Act of 1914There is no such legislation affecting the FederalReserve.the Federal Reserve Act of 1913a 1977 amendment to the Federal Reserve Act.

According to the 1977 amendment to the Federal Reserve Act, the Federal Reserve should take care of…

Answered: 23) Which of the following legislation…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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What were the two previous central banks the United States had before the current Federal Reserve system? When was the Federal Reserve established? How old are some other central banks in other countries? Describe in detail how the Federal Reserve is structured and explain how it is mostly independent from political interference? Using ideas like supply and demand, explain how the Federal Reserve uses open-market operations to either raise or lower interest rates at the direction of the Federal Open Market Committee (FOMC). See if you can find what the most recent decision made by the FOMC was concerning interest rates and explain how that will be reflected in its open-market operations.
The Federal Reserve Board influences the national economy by adjusting interest rates. 1) True 2) False
To increase the money supply, the Federal Reserve could lower the required reserve ratio. conduct an open market sale of Treasury securities. raise the discount rate. raise income taxes.
Q.15. The Federal Reserve System is the central bank of the United States, and institution established by the Federal Reserve Act of 1913, the parameters of which can be amended by Congress. As a central bank, the key functions of the Fed are to: To conduct monetary policy, support financial system stability and provide banking services to banks and the federal government To conduct fiscal and monetary policy To advise the President and Congress on economic policy 4. To managing and monitoring the money supply. select one and explain
If the Fed sells government securities, then there is Group of answer choices an increase in the required reserve ratio. an increase in the supply of money. a decrease in the supply of money. a decrease in the discount rate.
Which of the following is an important role of the Federal Reserve? Responses regulating the supply of money in the economy regulating the supply of money in the economy making policy decisions based on the President’s policies making policy decisions based on the President’s policies monitoring the health of banks monitoring the health of banks making loans to consumers
Please answer the following attached question:
Which of the following is a function of the Federal Reserve? Choose all that apply. Group of answer choices The Fed lends money directly to the public. The Fed holds bank deposit reserves. The Fed regulates the money supply. The Fed collects and clears checks. The Fed collects taxes.
128.) The Federal Reserve is considered a powerful institution because it has the power to: Act as a lender of last resort, control money supply in the long term, and print money. Create money, buy government bonds, and control long-term economic growth. Buy government bonds, act as a lender of last resort, and create money. Print money, tax, and control long-term growth
The sale of Treasury securities by the Federal Reserve will, in general, not change the money supply. not change the quantity of reserves held by banks. increase the quantity of reserves held by banks. decrease the quantity of reserves held by banks.
The Federal Reserve Bank relies on three tools to engage in monetary policy: Question 7 options: a) the legal reserve requirements, the discount rate, and the federal funds rate b) taxes, government spending, and government transfers c) taxes, legal reserve requirements, and the discount rate d) government spending, the discount rate, and the federal funds rate
All of the presidents of the regional Federal Reserve banks A. attend each FOMC meeting. B. have voting rights at each FOMC meeting. C. are appointed by the president of the U.S. and confirmed by the U.S. Senate. D. All of the above are correct.

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