Which of the Following Is NOT a Method or Purpose

question 33

Multiple Choice

Which of the following is NOT a method or purpose of the Federal Reserve?

• A) To set the discount rate
• B) To control the supply of money
• C) To control inflation
• D) To stimulate the economy
• E) To control the profits of private banks

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Definitions:

Labor Productivity

The measure of the economic output produced per unit of labor input.

U.S.

A country consisting of 50 states, a federal district, and various territories, known formally as the United States of America.

People's Republic Of China

A country in East Asia, the world's most populous nation, governed by the Communist Party of China.

Marginal Product

The increase in output that results from employing an additional unit of a factor of production, ceteris paribus.