Fiscal policy is Select one a less effective in dealing with

Fiscal policy is:

Select one:

a. less effective in dealing with real shocks than aggregate demand shocks.

b. equally effective in dealing with real shocks as with aggregate demand shocks.

c. more effective in dealing with real shocks than aggregate demand shocks.

d. not effective in dealing with either real shocks or aggregate demand shocks

Which is TRUE of the structure of the Fed?

Select one:

a. All seven members of the Board of Governors are appointed by the President.

b. The Secretary of the Treasury chairs the Federal Open Market Committee.

c. The President serves as a member of the Board of Governors.

d. The President is a member of the Federal Open Market Committee.

Question A) answer option a) fiscal policy taregets aggregate demand to overcome business fluctuations

Question B

Answer option a)

Option b is wrong as chairman chairs the committee

C& d are also wrong as president is not part of FOMC & board of governors