What is the central bank of the United States?

A) There is no central bank in the United States.
B) The Department of Treasury
C) The Federal Reserve System
D) The U.S. Mint
E) Each state has its own central bank, which, when all taken together, constitute the central bank of the United States.


C

Economics

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If the quantity of nail polish supplied is represented by the equation QS = -3 + 2P then the corresponding price of nail polish is represented by the equation

A) P = 1.5 - 0.5QS. B) P = 2QS - 6. C) P = 2QS + 6. D) P = 0.5QS + 1.5.

Economics

Income is a poor measure of relative position when attempting to determine horizontal equity.

A. True B. False C. Uncertain

Economics

Aggregate demand policy, training programs, work requirements, tax credits, and family policies are mutually exclusive alternatives

Indicate whether the statement is true or false

Economics

Which determinant shifts supply?

a. income b. prices of related goods c. technology d. tastes and preferences

Economics