18. With respect to the financial sector of the economy, it is accurate to state that:

insurance companies and pension funds cannot invest in financial markets

interest rates decline as bond prices go up

banks never hold excess reserves

the Fed has absolute control over the money supply

19. A good example of an expansionary fiscal policy is:

an increase in the money supply

a reduction in interest rates

a reduction in taxes

an increase in the value of the dollar

NO EXPLANATION REQUIRED