Why isn't the right to vote at FOMC meetings considered to be very important within the Fed?
What will be an ideal response?
The right to vote is not very significant because most often the FOMC reaches its decisions by consensus, so the right to vote does not translate into more power. A nonvoting member of the FOMC can have more power from the ability to persuade other members, rather than from voting in a particular way.
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Under the direct write-off method, bad debt expense is recognized when it has been determined that an account is uncollectible
Indicate whether the statement is true or false
Advantages of CATI include:
A) interviews can be conducted via TV cable B) cable and TV interviewing may be conducted simultaneously C) surveys can be enhanced with the CATI drop-off survey technique D) the computer dials the respondent, brings up the questions to the interviewer and moves ahead to the appropriate question E) CATI enhances single source data
An administrative agency is created when Congress enacts an enabling statute that delegates to the agency the power to issue rules, regulations, and guidelines to carry out its statutory mandate
Indicate whether the statement is true or false