Most of the Fed's earnings come from
A) fees charged to financial institutions for check clearing.
B) interest on the securities it holds.
C) interest on discount loans.
D) congressional appropriations.
B
You might also like to view...
The more difficult the goal, the more likely military force is going to be needed to back up economic sanctions
Indicate whether the statement is true or false
Which of the following would result from a tariff?
a. An increase in government budget deficit b. An increase in domestic production c. A greater volume of international trade d. Increased domestic consumption e. Decrease in prices of the imported goods
In an open economy, the demand for loanable funds comes from both domestic investment and net capital outflow
a. True b. False Indicate whether the statement is true or false
Smith and Jones comprise a two-person economy. Their hourly rates of production are shown in the accompanying table. Calculators Per HourComputers Per HourSmith10010Jones1206 The opportunity cost of making a calculator for Smith is ________ and for Jones it is ________.
A. 1 computer; 0.5 computers B. 0.10 computers; 0.05 computers C. 10 computers; 20 computers D. 0.6 computers; 1.2 computers