Which of the following serves as the central banker for private banks in the United States?
A. The 12 regional Federal Reserve banks.
B. The Executive Branch of government.
C. The Board of Governors of the Federal Reserve System.
D. The Fed Open Market Committee.
B. The Executive Branch of government.
You might also like to view...
Use the following table to answer the question below.PriceQuantity SuppliedQuantity Demanded$101002951115027512190250132202201424518015265135A technological advance lowers production costs such that the quantity supplied increases by 60 units of this product at each price. Because of this technological change, equilibrium output in this market
A. increased by 60 units. B. increased by 30 units. C. decreased by 60 units. D. decreased by 30 units.
Compared with a system of fixed exchange rates, currency unions are beneficial because they
A) restrict what countries can do with fiscal policy. B) allow exchange rates to float. C) allow every country to have an independent monetary policy. D) eliminate the possibility of speculative attacks.
That is capital deepening? How does it affect labor productivity?
Refer to the information provided in Table 14.5 below to answer the question that follows. Table 14.5B's Strategy ?AdvertiseDon't Advertise??A's profit $200 millionA's profit $400 million?AdvertiseB's profit $200 millionB's profit $100 millionA's Strategy????Don'tA's profit $100 millionA's profit $150 million?AdvertiseB's profit $400 millionB's profit $150 millionRefer to Table 14.5. If both firms follow a maximin strategy, the equilibrium in the game is
A. (Don't Advertise, Advertise). B. (Advertise, Don't Advertise). C. (Advertise, Advertise). D. (Don't Advertise, Don't Advertise).