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qpitt19777 qpitt19777
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6 years ago
The primary assets of the Fed are
 
  A) discount loans and reserves.
  B) discount loans and government securities.
  C) government securities and reserves.
  D) discount loans and open market operations.

Question 2

A trade-off between aggregate output and inflation
 
  A) is theoretically possible, but has never been observed in practice.
  B) may exist in the short run, but not in the long run.
  C) may exist in the long run, but not in the short run.
  D) exists in both the short run and the long run.
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magn0117magn0117
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6 years ago
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qpitt19777 Author
wrote...
6 years ago
Easily the best answer Grinning Face with Smiling Eyes
wrote...
6 years ago
If so, mark it solved Smiling Face with Glasses
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