What do the authors mean by "insulate the FOMC from the political process"? Which politicians is the FOMC being insulated from? OA. State governors may pressure the FOMC to increase income tax rates to help increase tax revenues that the states collect. B. State governors may pressure the FOMC to lower income tax rates to help increase consumer spending and stimulate the economy. OG. When running for reelection, members of Congress and the president may pressure the FOMC to employ contractionary policy to help decrease the size of government deficits. OD. When running for reelection, members of Congress and the president may pressure the FOMC to employ expansionary policy without considering the long-term impacts.

Would you consider Noodles or Cigarettes have become the new form of currency within the prison system for inmates? Why?

The deposit with post office is $23,000 and the value of M3 is $40,000  Calculate the value of M4

When you purchase a T-shirt for $25, money is serving which function?     Medium of exchange   Standard of deferred payments   Store of value   Unit of account