The regional Federal Reserve bank presidents are:

A. are responsible for regulatory oversight and implementation of monetary policy of regional banks.
B. allowed to serve no more than two consecutive four-year terms.
C. directly affiliated with other governmental agencies.
D. selected by the Federal Reserve Board of Directors.


Answer: A

Economics

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When your outcomes depend on another's choices, asking __________________ is the key to good decision making.

A. how will others respond B. what the wants and constraints are of those involved C. what the trade-offs are D. why everyone isn't already doing it

Economics

Suppose the domestic supply (QS) and demand (QD) for skateboards in the United States is represented by the following set of equations:QS = -60 + 3PQD = 390 - 2PCalculate the change in consumer surplus when the United States shifts from no trade to free trade and imports skateboards from the rest of the world at a per unit price of $75.

A. -$2,850 B. -$6,300 C. +$3,375 D. +$2,850

Economics

Unemployment that results from business recessions that occur when aggregate demand is insufficient to create full employment is

A. frictional unemployment. B. structural unemployment. C. cyclical unemployment. D. seasonal unemployment.

Economics

Use the above table. What will the output level be when external costs are internalized with a tax?

A. 4 B. 5 C. 6 D. 7

Economics