Which of the Following Are Policy Instruments Available to the Fed

question 5

Multiple Choice

Which of the following are policy instruments available to the Fed as it tries to achieve its macroeconomic goals?
I. government expenditures on goods and services and taxes
II. the government budget deficit or surplus
III. changes in the federal funds rate

• A) I and II
• B) III only
• C) II and III
• D) II only

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Definitions:

Competitively Superior

Describes an organism that has advantages over others in terms of resource acquisition, survival, and reproduction within a competitive environment.

Adaptive Radiation

The diversified evolution of a group of organisms into forms filling different ecological niches.

Parasite

An organism that lives on or in a host organism and gets its food at the expense of its host, often causing harm.

Mass Extinction

A relatively rapid and widespread decrease in the biodiversity on Earth, marked by the significant loss of species in a short period of geological time.