Identify the correct statement
a. District banks of the Fed hold reserves in the form of deposits at the Fed.
b. Commercial banks in each district make loans to the Fed.
c. The Fed sells U.S. government securities for the U.S. Treasury.
d. The district banks of the Fed print money and supply currency to the Fed.
e. The Fed holds the reserves of the commercial banks but it does not issues checks.
c
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Which of the following is ALWAYS true for a profit-maximizing single-price monopolist?
A) P = MC B) P = MR C) MR = MC D) MC = ATC
Suppose the two countries can trade shares in the ownership of their perspective assets without any restrictions. Assume that the consumers in both countries would like to totally smooth their consumption. Describe the outcomes
What will be an ideal response?
A proposed project should be accepted if the net present value is
A) positive. B) negative. C) larger than the internal rate of return. D) smaller than the internal rate of return.
The poverty income level equals the:
a. average income of the bottom one-tenth of all income recipients. b. cost of an economical and nutritional food plan for a family multiplied by six. c. cost of an economical and nutritional food plan for a family multiplied by three. d. average income of a family headed by a worker who has been unemployed for six months or more.