Which of the following is TRUE about the chair of the Board of Governors of the U.S.Federal Reserve?
A) Paul Volcker succeeded Alan Greenspan
B) Ben Bernanke succeeded Paul Volcker
C) Ben Bernanke served only four years as the chair
D) Janet Yellen is the first woman in the position of Fed's board chair
E) none of the above
Correct Answer:
Verified
Q11: Central banks generally conduct their monetary policy
Q12: By lowering short-term interest rates, a central
Q13: Which of the following is NOT a
Q14: The federal funds rate is the interest
Q15: If it is clear that an economic
Q17: Which of the following is FALSE?
A)in the
Q18: If the inflation rate starts to increase,
Q19: A central bank that wants to stabilize
Q20: In the short run, a central bank
Q21: When a central bank engages in inflation
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