The seven Fed governors, the president of the Federal Reserve Bank of New York, and four of the presidents of the other regional Federal Reserve Banks constitute the:
A. National Monetary Commission.
B. Federal Open Market Committee.
C. Federal Reserve System.
D. Board of Governors.
Answer: B
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The Colorado Ski Shop sold 60 ski jackets to a Belgian company's headquarters located in Paris, France. The ski jackets are a
A) U.S. export good. B) capital good. C) government good. D) U.S. consumption service. E) U.S. import.
Residential investment plunged quite noticeably ________ the start of the 1973-1975 and 1981-1982 recessions, with the prospect that recent financial deregulation would make it ________ sensitive to future changes in monetary policy
A) after, more B) after, less C) before, more D) before, less
An account period may be:
a. One quarter b. One month c. One year d. All of these
Is the firm in graph in the short run or the long run? How do you know?
