The most powerful individual in the Federal Reserve is the Chairman of the Board of Governors
Indicate whether the statement is true or false
TRUE
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"According to the Coase theorem, if Gabriel wants the local television station to cease having helicopters fly over his house at night, he will be more likely to be able to reach an agreement with the station if the property right to the airspace is
clearly defined and the transaction costs of negotiating are high." Is this statement true or false? Explain your answer.
An economist would be more likely to argue for reducing inflation if she thought that
a. the central bank lacked credibility and if bonds were usually not indexed for inflation. b. the central bank lacked credibility and if bonds were usually indexed for inflation. c. the central bank had credibility and if bonds were usually not indexed for inflation. d. the central bank had credibility and if bonds were usually indexed for inflation.
Which of the following is not part of the "state health insurance marketplaces" provision of the Patient Protection and Affordable Care Act (ACA)?
A) Each state is required to establish an Affordable Insurance Exchange. B) Small businesses with fewer than 50 employees are exempt from being required to participate in the program. C) Low-income individuals are eligible for tax credits to offset the costs of buying health insurance. D) None of the above are a part of the "state health insurance marketplaces" provision.
The Federal Reserve is responsible for monetary policy in the United States.
Answer the following statement true (T) or false (F)