Federal Reserve Board Chairman Alan
Greenspan laid forth the intellectual basis for the likely continued aggressive
easing in monetary policy in the weeks ahead in his semi-annual monetary policy
report to Congress. The broader point in his prepared testimony
is that the improved information and production controls evident in the new
economy induce companies to respond more quickly and in tandem to changes in
their business. Mistakes are still made as is evidenced by the unwanted buildup
of inventories at the end of last year, but any mistakes are more aggressively
addressed than in the past, as is evidenced by manufacturers’ recent slashing of
production. Moreover, the increasingly dramatic shifts in economic activity are
particularly hard on confidence. Consumers and businesses literally freeze up
due to the heightened uncertainty, and run from any A. Greenspan’s Testimony. B. A New Economy. C. New Monetary Policy. D. A Confidence Builder.
更多"Federal Reserve Board Chairman Alan"的相关试题:
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Federal Reserve Board Chairman Alan
Greenspan laid forth the intellectual basis for the likely continued aggressive
easing in monetary policy in the weeks ahead in his semi-annual monetary policy
report to Congress. The broader point in his prepared testimony
is that the improved information and production controls evident in the new
economy induce companies to respond more quickly and in tandem to changes in
their business. Mistakes are still made as is evidenced by the unwanted buildup
of inventories at the end of last year, but any mistakes are more aggressively
addressed than in the past, as is evidenced by manufacturers’ recent slashing of
production. Moreover, the increasingly dramatic shifts in economic activity are
particularly hard on confidence. Consumers and businesses literally freeze up
due to the heightened uncertainty, and run from any A. Boldness. B. Confidence. C. Caution. D. Moderateness.
[填空题]The Federal Reserve Board in the United States and the Bank of England in the United Kingdom regulate the money supply to ______ their respective economies. (stable)
[填空题]The Federal Reserve System Correct Commonly known as the Federal Reserve Bank or the "Fed", this is the central Which bank of the United States which founded in 1913, it determines the Reserve 34 Requirement within limits set out by the US Congress. The function of the Fed is 35 economic stabilization operate through the management of the national money 36 supply. The Federal Reserve System comprises with a board of governors with 37 seven members both stationed in Washington D. C. The responsibilities of the 38 Fed system are carried out through 12 Regional Federal Reserve Banks 39 controlling. The members of the Fed include the commercial banks, i.e. those 40 with the national chartered commercial banks and approximately to 10% of the 41 State-chartered commercial banks. These member banks buy stock from their 42 Regional Federal Reserve Banks is the larger body of the Fed system which 43 determines what the interest rates of the U
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