FOMC stands for:
A. Federal Open Market Committee.
B. Federation of Open Monies Committee.
C. Fixed Open Market Commitments.
D. Federal Open Money Committee.
Answer: A
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Explain why to some game theorists, the idea of mixed strategies is appealing, and to others it is implausible
What will be an ideal response?
Which of the following is true concerning the growth record of less developed countries (LDCs) during the last several decades?
a. The per capita GDP of several poverty stricken African countries was lower in 2009 than in 1980. b. None of the LDCs have been able to match the per capita income growth rate of the United States. c. During the last two decades, the fastest growing countries in the world (those with annual real growth rates of 3.5 percent or more) have been LDCs. d. Both a and c are correct. e. All of the above are correct.
If demand is __________ and price is __________, total revenue will _________.
A. inelastic; raised; increase B. elastic; raised; increase C. inelastic; lowered; increase D. elastic; lowered; decrease
A 10-year Treasury note as a face value of $1,000, price of $1,200, and a 7.5% coupon rate. Based on this information, we know the:
A. coupon payment on this bond is equal to $90. B. current yield is equal to 8.33%. C. present value is greater than its price. D. coupon payment on this bond is equal to $75.