Which of the following is a correct statement regarding the balance sheet of the Federal Reserve?
A) Fed assets = Fed liabilities + Federal Reserve notes
B) Fed assets = Fed liabilities + Fed capital accounts
C) Fed assets = Fed liabilities + bank reserves
D) Fed assets = bank reserves + Federal Reserve notes outstanding
B
You might also like to view...
If the dollar appreciates, perhaps because of speculation or government policy, then U.S. net exports
a. increase which shifts aggregate demand right. b. increase which shifts aggregate demand left. c. decrease which shifts aggregate demand right. d. decrease which shifts aggregate demand left.
Equilibrium in the market is where supply is equal to demand.
A. True B. False C. Uncertain
Given the data in the above table, income of $13, a price of $1 for a bottle of water and $2 for a hamburger, what is the quantity of water and the quantity of hamburgers that will maximize the consumer's total utility?
A) 5 bottles of water and 4 hamburgers B) 4 bottles of water and 4 hamburgers C) 1 bottle of water and 6 hamburgers D) 6 bottles of water and 6 hamburgers
The individual supply of a monopolist
a. coincides with the market demand curve. b. is below the market supply curve. c. is below the firm’s average revenue curve. d. coincides with the market supply curve.