If the Federal Reserve Board Wanted to Curb Inflation,it Would

question 5

Multiple Choice

If the Federal Reserve Board wanted to curb inflation,it would most likely __________.

• A)raise interest rates
• B)lower taxes-
• C)increase government spending
• D)increase exports

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Definitions:

Independent Legal Advice

Guidance from a lawyer who has no conflicts of interest with the client.

Void

A legal term indicating that a contract or legal instrument is invalid and has no legal effect.

Tanker

A large vessel designed for transporting liquid cargo, such as oil, gas or chemicals.

Oral Contract

An agreement between parties that is made through spoken words and promises rather than in writing, yet is legally binding.