The Chairman of the Board of Governors is chosen from among the seven governors and serves a ________, renewable term
A) one-year
B) two-year
C) four-year
D) eight-year
C
Economics
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You have a $500 saving bond. The nominal interest rate is 10 percent, and the inflation rate is 4 percent. After a year, in real terms you have earned
A) $70. B) $40. C) $50. D) $510. E) $30.
Economics
When the U.S. economy expands, foreign investment in and immigration to the U.S. usually contracts
Indicate whether the statement is true or false
Economics
A game in which the players explicitly coordinate their decisions to make themselves better off is a
A) cooperative game. B) noncooperative game. C) zero-sum game. D) negative-sum game.
Economics
Each of the following is a fixed cost except
A. hourly wages. B. rent. C. interest payments. D. insurance premiums.
Economics