In one of his weekly broadcasts, the federal reserve chairman remarked that inflation had begun to tick upward. however, unemployment in the u. s. was still quite high and economic growth had slowed. with short-term interest rates close to 0 (zero), the chair did not visualize that policy would be able to do anything for the high unemployment problem. he felt that policy would be more useful for bolstering employment, but that would require local and state governments and the federal government to provide tax breaks for corporations.
fiscal , federal
federal, state
fiscal, monetary
monetary, fiscal

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.