The Federal Open Market Committee has responsibility for
A) advising the Treasury Department on monetary policy.
B) printing money.
C) issuing orders to buy or sell government securities for the Fed.
D) appointing members to the Board of Governors of the Federal Reserve system.
C
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Explain what is meant by investment by MNCs encouraging inappropriate consumption
What will be an ideal response?
Demand refers to
A) how much of a good people are willing and able to buy at a particular price. B) the different quantities of a good people are willing and able to buy at different prices. C) the different quantities of a good people are willing and able to buy at a particular price. D) how much of a good people are willing to buy at different prices. E) none of the above
Refer to the above table. What does the marginal physical product equal when the amount of labor goes from 11 to 12 units?
A. 10 B. 9 C. 60 D. 69
Refer to the diagram and assume a single good. If the price of the good decreases from $6.30 to $5.70, consumer expenditure would:
A. decrease if demand were D 1 only.
B. decrease if demand were D 2 only.
C. decrease if demand were either D 1 or D 2 .
D. increase if demand were either D 1 or D 2 .