The largest item on the asset side of the Federal Reserve balance sheet is
A) Federal Reserve notes.
B) U.S. government securities.
C) gold.
D) U.S. Treasury deposits.
B
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Property taxes are a major source of revenue for
A) state and local governments. B) the federal governments. C) the federal, state, and local governments. D) firms wanting to relocate their operations. E) consumers.
Economists who stress the store of value function of money generally
a. argue that M1 is the best measure of the money supply. b. prefer the M2 measure of the money supply to the M1 measure. c. argue that M1 is too broad a definition of the money supply. d. prefer the M1 measure of the money supply to the M2 measure.
the government created a new tax credit to encourage businesses to build more factories
What will be an ideal response?
What does the fact that U.S. students are falling behind other nations' students in math and science have to do with economic growth?
A. Better technology, a key to economic growth, depends largely on math and science skills. B. Math and science skills don't foster economic growth, but it takes math skills to calculate a nation's rate of economic growth. C. If U.S. students don't excel in math and science, the nation will see fewer plays written and fewer pieces of music composed. D. Nothing. People in the United States just don't like to fall behind in anything as a matter of pride.