The President of which of the following district banks of the Fed is perpetually present on the Federal Open Market Committee?
a. The New York Fed
b. The Seattle Fed
c. The Boston Fed
d. The Chicago Fed
e. The Atlanta Fed
a
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A util is a single unit of:
A) the measure of income. B) the measure of savings. C) the measure of satisfaction. D) the measure of expenditure.
In this economic growth and production possibilities curve, operating under the new production possibilities curve will always produce more than the old one, provided that the ______.
a. economy in the new curve is inefficient
b. economy for both curves is efficient
c. same technology is used in the economy of both curves
d. economy in the new curve uses fewer resources
Why do banks package loans into securities?
A. To take advantage of tax breaks passed by the federal government as part of stimulus packages. B. The banking regulations require them to do so. C. To spread the risk of default and increase liquidity. D. To get around adhering to current banking regulations.
Industries with an HHI of under 1,000 are considered unconcentrated, and any proposed merger would go unchallenged by the Justice Department.
Answer the following statement true (T) or false (F)