Tham khảo tài liệu 'how to prepare for the toefl part 41', ngoại ngữ, toefl - ielts - toeic phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | 38. The word securities in paragraph 2 is intended to mean 40. In paragraph 2 the author suggests that inflation is caused by CD debts CD bonds CD protection CD confidence More Available CD high unemployment rates CD too much money in the economy CD very high fuel prices CD a limited supply of goods Paragraph 2 is marked with an arrow . Fed and all deposit-taking institutions like credit unions are subject to regulation by the Fed regarding the amount of deposited funds that must be held in that by definition therefore are not available for loans. The most powerful body is the seven-member Board of Governors in Washington appointed by the President and confirmed by the Senate. The System s primary function is to control monetary policy by influencing the cost and availability of money and credit through the purchase and sale of government securities. If the Federal Reserve provides too little money interest rates tend to be high borrowing is expensive business activity slows down unemployment goes up and danger of recession is augmented. If there is too much money interest rates decline and borrowing can lead to excess demand pushing up prices and fueling inflation. The Fed has several responsibilities in addition to controlling the money supply. In collaboration with the . Department of the Treasury the Fed puts new coins and paper currency into circulation by issuing them to banks. It also supervises the More Available Fed and all deposit-taking institutions like credit unions are subject to regulation by the Fed regarding the amount of deposited funds that must be held in reserve and that by definition therefore are not available for loans. The most powerful body is the seven-member Board of Governors in Washington appointed by the President and confirmed by the Senate. The System s primary function is to control monetary policy by influencing the cost and availability of money and credit through the purchase and sale of government securities. If
