Please answer the correct ones

D Question 14 0.86 pts Monetary policy is flexible than fiscal policy because monetary policy changes are made through __, while fiscal policy changes must be made through O more; the FOMC; legislative action O more; legislative action: the FOMC O more; the President; legislative action O less; the FOMC; the President O less; the President; legislative action D Question 15 0.86 pts If you take out a mortgage with a nominal interest rate of 8% and the rate of inflation will be 2% over the lifetime of the mortgage, then your actual real interest rate will be: O 6% O 10% O 0% O -6% O 5%Which of the following is not true about the Federal Reserve? It engages in fiscal policy, which is set by the Federal Open Market Committee (FOMC) It was created after a series of bank failures. Its purpose is to oversee the banking system and regulate the quantity of money in the economy. O It is the central bank of the U.S. D Question 2 0.86 pts "Before the 1970's, the Phillip's curve indicated a negative relationship between what two variables?" Unemployment and inflation O Unemployment and GDP O GDP and inflation O Growth rates and unemployment D Question 3 0.86 pts According to Adam Smith, private property rights are an essential part of a market economy. O do not need to be enforced in market economies must be established before a command economy (such as socialism) can function properly ensure an equitable distribution of income in market economies