The Federal Reserve
a. designs tax policy.
b. enforces the nation's antitrust laws.
c. sets the nation's monetary policy.
d. analyzes data on workers.
c
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A bank run occurs when:
A) a bank experiences an extraordinarily large volume of withdrawals. B) a bank sells its assets to its own stockholders. C) the central monetary authority regulates the functioning of banks. D) a bank's assets exceeds its liabilities.
Suppose that Germany, France, Estonia, and India all have the same production possibilities, illustrated in the figure above. Based on the production points in the figure, which country is most likely to expand its PPF to PPF1?
A) France B) France and Germany equally C) India D) Germany E) Estonia
In neoclassical growth theory, technological progress is the key to continuous growth in labor productivity
Indicate whether the statement is true or false
Which of the following is not a main function of the entrepreneur?
A. to innovate B. to assume the risk of economic losses C. to make strategic business decisions D. to make routine pricing decisions