1.
Deflation is:
Select one:
a. a reduction in the rate of inflation.
b. an increase in prices.
c. a decrease in prices; that is, a negative inflation rate.
d. an increase in the rate of inflation.
2.
Which of the following is true regarding the Federal Reserve
Select one:
a. It is charged with collecting taxes
b. It's board members are elected by the people living in the
bank's district
c. They are a branch of the Federal Government...