The Fed is structured as an agency of the executive branch, with the Chairman of the Fed answering directly to the President.
a. true
b. false
Ans: b. false
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Jeremiah is not a fan of the ballet, but he believes that his friends all enjoy the cultural experience that ballet brings and he does not want to appear unsophisticated
Unbeknownst to Jeremiah, all of his friends share the same opinion of the ballet as he does, and none of them want to appear unsophisticated to the rest of the grouA) diffusion of responsibility. B) dysfunctional family syndrome. C) pluralistic ignorance. D) a prisoner's dilemma.
Give examples of factors that decrease aggregate supply. Which way does the AS curve shift?
What will be an ideal response?
What variable adjusts to balance demand and supply in the market for loanable funds?
If consumers' surplus is $30 and the price paid for the good is $50, then the maximum price a buyer is willing and able to pay for the good is
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