Which part of the Federal Reserve System meets every 6 weeks to determine the nation's monetary policy?
A) Federal Open Market Committee
B) Board of Governors
C) the Federal Reserve Banks
D) depository institutions such as commercial banks
A
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An organic food manufacturing company has been advertising widely against the consumption of inorganic food. This is an example of ________
A) backward induction B) indoctrination C) anchoring D) sniping
Which of the following is an example of a leakage from the circular flow of income and expenditure?
a. Government purchases of goods and services b. Taxes c. Investment d. Exports e. Consumption expenditures
The dollar return on a foreign investment is less than the interest rate on the foreign asset, if the foreign currency depreciates against the U.S. dollar between the purchase date and the maturity date
a. True b. False Indicate whether the statement is true or false
Which of the following is likely to be a benefit of foreign investment in a developing country?
a. Domestic firms are subjected to foreign competition b. Labor-intensive industries grow quickly c. New technology is adapted d. The natural rate of unemployment falls to zero e. The rate of inflation declines