Which of the following institutions has the responsibility for distributing currency and coins to the U.S. banking system?
A) the Office of the Comptroller of the Currency
B) the Federal Reserve System
C) the U.S. Bureau of Engraving and Printing
D) the U.S. Treasury Department
B
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The appreciation of one's currency encourages exports
Indicate whether the statement is true or false
A country that is printing $100,000,000,000,000 bills probably has what problem?
a. too many rich and successful people b. inflation c. market failure d. fixed incomes
As network externalities broaden the use of a product, the:
A. need for a single standard becomes less important, so many different standards are likely to coexist. B. need for a single standard becomes more important and eventually one standard wins out. C. incentive to replace that product with something new grows stronger. D. benefits of that product to everyone are diminished.
Which of the following is NOT a problem with finding a solution to global climate change?
A) Countries have not recognized that there is a problem with climate change. B) Solutions must be adopted globally, not unilaterally. C) Science can only provide probabilities of future events, not certainties. D) It is difficult to determine an appropriate level of response to climate change problems.