The president of each regional Federal Reserve Bank is appointed by
a. the U.S. president with the approval of the Senate.
b. the Board of Governors.
c. the voting members of the Federal Open Market Committee.
d. the board of directors of that regional Federal Reserve Bank.
d
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What can be expected to happen in a country that enacts trade barriers?
A) The rate of population growth will decrease. B) The rate of economic growth will decrease. C) The rate of immigration will increase. D) The rate of technological innovation will increase.
There are 72,922 seats in Lambeau Field where the Green Bay Packers play football. The Packers have sold out their season tickets since 1960. There are about 80,000 people on the waiting list to buy season tickets in 2015
If the Packers raised ticket prices, the A) demand for Packers tickets decreases. B) demand curve for Packers tickets shifts leftward. C) demand curve for Packers tickets shifts rightward. D) the quantity demanded of Packers tickets decreases.
"A single-price natural monopoly that is regulated to set price equal to marginal cost incurs an economic loss." True or false? Explain
What will be an ideal response?
An economy of 82 million people has twenty percent of them engaged in research and development, where their productivity is 0.003
The economy is on a balanced growth path, when suddenly the productiveness of R&D rises to 0.004. For the one period that begins with this productivity increase, the growth rate of output is ________. [Refer to the instruction above.] A) 8.7% B) 9.4% C) 6.6% D) 7%