The Federal Open Market Committee (FOMC) of the Federal Reserve System is primarily for:
Supervising banks to make sure that markets are open to all and remain competitive
Issuing currency and acting as the fiscal agent for the Federal government
Setting the Fed's monetary policy and directing the purchase and sale of government securities
Maintaining cash reserves that can be used to settle international transactions
Setting the Fed's monetary policy and directing the purchase and sale of government securities
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The above table has data from the nation of Atlantica. Based on these data, at what point does saving equal zero?
A) None, dissavings is present at all of the above points. B) Between disposable income of $0.0 and $1.8 trillion C) Between disposable income of $4.0 trillion and $5.8 trillion D) Between disposable income of $2.0 trillion and $3.2 trillion E) None, savings is present at all of the above points.
Listening to a political ad or an ad for a new product usually requires:
a. Critical listening b. Intellect c. Emotions d. An extroverted personality
In which of the following product markets are we likely to observe the largest amount of advertising?
a. markets with highly differentiated products b. perfectly competitive markets c. markets in which industrial products are sold d. markets in which there is very little difference between different firms' products
When the yuan per dollar real exchange rate depreciates:
A) the U.S. net exports to China increase while the Chinese net exports to U.S. decrease. B) both the U.S. net exports to China and the Chinese net exports to U.S. increase. C) both the U.S. net exports to China and the Chinese net exports to U.S. decrease. D) the U.S. net exports to China decrease while the Chinese net exports to U.S. increase.