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Question 10 For many years, American economists thought fiscal policy was too slow, too cumbersome and too political. Select one: True False Question 11 The

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Question 10 For many years, American economists thought fiscal policy was too slow, too cumbersome and too political. Select one: True False Question 11 The Federal Reserve creates policies that make suggested or direct commitments about future interest rates Select one: True False Question 12 Quatitative Easing relies on the concept of the Fed purchasing certain assets to drive their prices down and their yields up. Select one: True False Question 13 Creating a system to regulate banks' proprietary trading turned out to be not as difficult as some had originally thought. Select one: True False Question 14 It is not easy to charge investorsfor the use of credit rating information because of the free ridingissue. Select one: True False

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