Which efforts by the federal reserve bank to control

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Problem 1: Efforts by the Federal Reserve Bank (the Fed) to control the money supply and interest rates are known as:

Option 1: fiscal policy.

Option 2: incomes policy

Option 3: monetary policy

Option 4: securities policy.

Problem 2: If a shortage exists for a good in a free-market economy, the:

Option 1: Price of the good will rise.

Option 2: Price of the good will fall.

Option 3: Government will order suppliers to increase the production of that good.

Option 4: Government must establish a rationing system to make sure that the good is fairly distributed.

Reference no: EM132948858

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