How does a socialist government with a command economy manage its economy?

1. the responsibilities of the u.s. federal reserve system include overseeing the banking system and regulating the quantity of money in the economy setting the level of real interest rates working with congress to devise a financial plan for the country and execute the president's orders calculating and reporting the unemployment rate 2. to increase the supply of money when the economy is weak, the fed closes banks reduces inflation sells bonds buys bonds 3. the federal funds rate is the short-term interest rate that banks charge their best customers when borrowing banks earn on savings accounts with the fed banks charge each other when borrowing or lending to each other the fed charges banks when borrowing 4. when the fed increases the money supply and consequently lowers interest rates, the value of the dollar will rise by more in the market for foreign exchange, all else equal will fall, all else equal is not impacted by fed policy will rise, all else equal

Speaker 1: now that we are independent, americans should create a government that mirrors the government of great britain. speaker 2: after experiencing a tyranny of great britain, americans know how important it is to limit the government's power. speaker 3: our victory in the revolutionary war prove that americans have wisdom to choose good leaders. speaker 4: as for former colonies, the american states are likely to thrive under a system of strong centralized government. which speaker would most likely support the government established by the articles of confederation? a. speaker 2 b. speaker 3 c. speaker 1 d. speaker 4

What does it signify if point 1 shifts down and to the right? a. the price level and the real gdp are falling. b. the real gdp is falling, and supply is increasing. c. the price level is rising, and production is increasing. d. the price level is falling, and demand and the real gdp are rising.