Which of the following is NOT a part of the Federal Reserve System?
A. the Board of Governors
B. the Twelve District Federal Reserve banks
C. the Federal Deposit Insurance Corporation
D. the Federal Open Market Committee
Answer: C
You might also like to view...
If newspaper headlines detailed an increased American interest in British goods, which of the following would we expect to observe in the market for pounds?
a. An increase in supply, a depreciation of the pound, and a larger number of pounds traded b. An increase in demand, a depreciation of the pound, and a smaller number of pounds traded c. An increase in demand, an appreciation of the pound, and a larger number of pounds traded d. A decrease in demand, a depreciation of the pound, and a smaller number of pounds traded e. A decrease in supply, an appreciation of the pound, and a smaller number of pounds traded.
The market system works by getting each person, motivated by his or her own self-interest, to produce products for other people.
Answer the following statement true (T) or false (F)
If a severe drought causes the harvest of corn to be 10 percent less than anticipated, it will cause a large increase in the price of corn if
A) corn is scarce. B) the demand for corn is highly elastic. C) the demand for corn is highly inelastic. D) the supply of corn is highly elastic. E) the supply of corn is highly inelastic.
The unemployment rate is at the natural unemployment rate when
A) frictional unemployment equals zero. B) structural unemployment equals zero. C) cyclical unemployment equals zero. D) all types of unemployment equal zero.