The Board of Governors of the Federal Reserve is comprised of
A) seven persons, each appointed to a seven-year term.
B) seven persons, each appointed to a fourteen-year term.
C) fourteen persons, each appointed to a seven-year term.
D) twelve persons, each appointed to a seven-year term.
E) twelve persons, each appointed to a fourteen-year term.
B
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Under the Social Security program currently in existence
A) benefits are based on need. B) benefits are determined by whether or not one contributed to the system. C) benefits are provided to everyone who contributed to the system EXCEPT those under private retirement programs that provide an annual income in excess of $13,500. D) benefits are guaranteed to be no lower for future retirees than for current retirees.
A common way used to align the interests of managers with the interests of equity holders is
A) piecework pay. B) stock options. C) forwarded loaded pay schemes. D) insurance.
How are the insurance premiums determined for deposit insurance?
a. The insurance premium is based on the bank’s level of deposits and then adjusted according to the riskiness of a bank’s financial situation. b. The insurance premium is based on the bank’s level of riskiness and then adjusted according to the bank’s level of deposits. c. The insurance premium is based on the bank’s level of deposits and then adjusted according to the riskiness of the overall U.S. banking system's financial situation. d. The insurance premium is based on the bank’s level of riskiness and then adjusted according to the level of deposits of the overall U.S. banking system.
From the data, the USA:
Alternate Outputs from One Day's Labor Input: USA: 12 bushels of wheat or 3 yards of textiles. India: 3 bushels of wheat or 12 yards of textiles. a. has an absolute advantage over India in the production of textiles. b. has an absolute advantage over India in the production of wheat. c. has a comparative advantage in the production of textiles. d. should export textiles to India.