Which statement is false?
A. There are Federal Reserve district banks in Atlanta, Minneapolis, and Kansas City.
B. There are 12 Federal Reserve District Banks.
C. The Federal Reserve System was set up in 1935.
D. None of the statements are false.
C. The Federal Reserve System was set up in 1935.
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When decisions are made by majority rule, the individual consumption-payment link is broken
a. True b. False Indicate whether the statement is true or false
One of the important sources of income for a commercial bank is: a. the interest paid to its depositors
b. the loan that is not repaid. c. the charge imposed on the use of a debit card. d. the tax paid to the government.
What does the phrase "internalizing an external cost" mean?
A) limiting the extent to which domestic firms can outsource production B) prohibiting economic activities that create externalities C) forcing producers to factor into their production costs the cost of the externalities created in the production of their output D) finding a way to address cross-border pollution
What are the many different sources of funding to finance firms’ R&D expenditures? If an entrepreneur uses personal funds is there a cost for financing?
What will be an ideal response?