The leadership of the Federal Reserve System is provided by
A. the Federal Open Market Committee.
B. the Board of Governors.
C. the Federal Advisory Committee.
D. the directors of the twelve Federal Reserve banks.
Answer: B
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Based on this model, if the government uses a uniform standard
Suppose that two firms, X and Y, face the following abatement costs: MACX = 1.2AX, MACY = 0.3AY TACX = 0.6AX2 TACY = 0.15AY2 Further assume that the combined abatement standard is 40 units for both firms. a. the total abatement cost for firm X is $24 b. the total abatement cost for firm Y is $12 c. the combined total abatement cost for both firms is $1,200 d. the combined total abatement cost for both firms is $300
Refer to Figure 14-4. In a real world situation involving Rainbow Writer and Odeon, what scenario below might permit Rainbow Writer to rationally refuse an offer from Odeon of $40 per copy of the software package?
A) Odeon is considering new distribution outlets for its products. B) Odeon hires a software developer to begin developing its own proprietary engraving software. C) Odeon is also negotiating with FastWrite, Rainbow Writer's chief rival. D) Odeon's competitors are also interested in bundling Rainbow Writer's software.
When investors use borrowed funds to pay for investments, it's called:
A. leveraging. B. tulip mania. C. hedging. D. herding.
Increasing the level of education in the United States will:
A) shift the production possibilities curve to the left. B) improve the level of technology. C) lead to increased natural resource use. D) lead to workers possessing greater human capital.