-The monetary base and excess reserves at the Federal Reserve are both at all time highs.

True or False

-Paul Volker was a Federal Reserve Chair in the early 1990s and responsible for controlling a period of relatively high inflaiton.

True or False

-Central banks around the world are government organizations that are meant to report to and be accountable to their respective legislatures to ensure they are always doing what is best for the populace.

True or False

-Financial stability is an explicit third mandate of the Federal Reserve.

True or False