Question

In which of the following does the Federal Reserve Bank not play a role?

A. moderating long term interest rates

B supervising and regulating banks

C controlling the size and growth of the money supply

D stabilizing prices

Keynesian economics holds that

A recessions could be so long that typical models of economic collapse and recovery may not work

B. the markets invisible hand needs occasional help from government intervention

C All of these answers

D economic growth is closely tied to the ability of individuals to consume goods

Much of what became the Affordable Care Act also known as Obama Care was drawn from proposals originally developed by

A Bill Clinton

B Mitt Romney

C Hilary Clinton

D George H. W Bush

Answer 1

Question 1

Ferderal reserve bank does play role in following

*Supervising and regulating banks

*controlling the sixze oand growth of the money supply

*Stabalizing prices

Answer is Federal reserve bank does not play role in moderating long term interest rate

Question 2

Answer is C) All of these answers

Because

Keynesian economics believes that

A recessions could be so long that typical models of economic collapse and recovery may not work

B. the markets invisible hand needs occasional help from government intervention

D economic growth is closely tied to the ability of individuals to consume goods

Keynesian economics is a theory that says the government should increase demand to boost growth. Keynesians believe consumer demand is the primary driving force in an economy. As a result, the theory supports expansionary fiscal policy.

Question 3

Answer is Mitt Romney

Because Mitt Romney was the governor of Massachusetts at the time, the law has been called as Romneycare, a reference to the nicknaming of the Patient Protection and Affordable Care Act as "Obamacare".[3]