Economics homework help.?

[Donnie Brasco]

11: In the United States, the Federal Reserve can only directly set the discount rate; it engages in open market operations to alter the federal funds rate.
True

False

12: The United States is often described as a "command" economy.
True

False

15: A currency board is a monetary authority which is required to maintain an exchange rate with a foreign currency.
True

False

18: Monetary policy is the economic term which describes the actions of a government in setting the level of public expenditure and how that expenditure is funded. It contrasts with fiscal policy, which describes the policies about the supply of money to the economy.
True

False

[nowittyname4me]

11. True
http://64.233.167.104/search?q=cache:udimxwJgQEMJ:ufaqs.com/wiki/en/mo/Monetary%2520policy.htm+%22it+engages+in+open+mark et+operations+to+alter+the+federal+funds+rate%22&h l=en&ct=clnk&cd=2&gl=us
It's highlighted.

12. False

15. True
http://64.233.167.104/search?q=cache:YyjlAS7GSE4J:en.wikipedia.org/wiki/Currency_board+%22A+currency+board+is+a+monetary+a uthority+which+is+required+to+maintain+an+exchange +rate+with+a+foreign+currency%22&hl=en&ct=clnk&cd= 1&gl=us
It's highlighted.

18. False