Which of the following statements is correct? Central bank laws should always stipulate whether the fiscal agency function is performed against a fee or for free. In the absence of a clear rule in the central bank law, the Ministry of Finance and central bank may contractually agree on cost and fee recovery. In the absence of a clear rule in the central bank law, the fiscal agency function is presumed to be performed against a fee. In the absence of a clear rule in the central bank law, the fiscal agency function is presumed to be a free service..
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- Question Compare the functions of the Federal Reserve district banks with those for the Board of Governors. O a Ob O c Od O a Ob The Federal Reserve district banks direct monetary policy and overlook the banking industry while the Board of Governors Implement the policies from the district banks. The Federal Reserve district banks set the target federal funds rate and oversee open market operations while the Board of Governors direct monetary policy and set reserve requirements on banks. Question How do the instances when expansionary fiscal policy should be used compare with those for contractionary fiscal policy? Od The Board of Governors set the discount rate and reserve requirements on banks while the Federal Reserve district banks overlook the banking industry and implement the policies from the Board of Governors. The Board of Governors set the target federal funds rate and overlook the banking industry while the Federal Reserve district banks implement the policies from the…4. Summarize the fiscal policy responses to the 2008 financial crisis and the 2020 pandemic. Explain howthey are similar and how they differ. Evaluate the extent to which the fiscal responses have been successful(or not) in both crises, providing evidence or economic arguments to support your views. What would youhave done differently? Explain your answers thoroughly. 5. Summarize the monetary policy responses to the 2008 financial crisis and the 2020 pandemic. Explainhow they are similar and how they differ. Evaluate the extent to which monetary policy has been successful(or not) in both crises, providing evidence or economic arguments to support your views. What would youhave done differently? Explain your answers thoroughly. Please answer all! I need to check my work!9. What is the difference between monetary policy and fiscal policy? * is known as A-The tool used by the central bank to regulate the money supply in the monetary policy B-The tool used by the government in which it uses its tax revenues and expenditure policies to affect the economy is known as fiscal policy C-Monetary poliey is administered by the government of the country whereas fiscal policy is administered by the eentral bank of the country economy O A and B A only B only A and C TOSHIBA
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