In the United States, the central bank is called the:
A) Federal Reserve Bank. B) National Bank of America.
C) Reserve Bank of America. D) Bank of America.
A
You might also like to view...
Many developing countries were once under colonial rule, a system of government that:?
When there is a recessionary gap, inflation will ________, in response to which the Federal Reserve will ________ real interest rates, and output will ________.
A. decline; lower; decline B. increase; raise; decline C. decline; lower; expand D. decline; raise; decline
The lower the barriers to entry and exit, the more nearly a market structure fits the ____ market model
a. monopolistic competition b. perfectly contestable c. oligopoly d. monopoly e. none of the above
For a perfectly competitive firm,
A. price is always greater than marginal revenue. B. price is always less than marginal revenue. C. price is always equal to marginal revenue. D. price and marginal revenue are unrelated.