abeka economics reading quiz K
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Milton Friedman advocated what theory stating that the variation in the money supply is the main source of economic fluctuations?
monetarism
What is a period of time in which the economy declines?
recession
True/False: The Federal Open Market Committee is a main component of the Federal Reserve System
true
What controls the majority of America's money supply?
Federal Reserve System
True/False: The three main tools of the US department of the Treasury are open market operations, reserve ratios, and discount rates
false
