The 12 regional Fed banks do all of the following except:
A. Clear checks between private banks.
B. Lend money to individuals.
C. Provide currency to banks.
D. Hold bank reserves.
B. Lend money to individuals.
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"Credit cards are considered money because they serve to purchase goods and services." Is the previous statement true or false?
What will be an ideal response?
Which of the following would cause a decrease in the equilibrium price and an increase in the equilibrium quantity of salmon?
A) a decrease in demand and a decrease in supply B) an increase in supply C) a decrease in demand and an increase in supply D) an increase in supply and an increase in demand greater than the increase in supply
Social cost is
a. private cost minus external cost b. the same as external cost c. the same as production cost d. private cost divided by external cost e. private cost plus external cost
Refer to Figure 16.3. A shift from AS1 to AS2 could be caused by
A. An increase in immigration restrictions. B. A decrease in tariffs on imported goods. C. An increase in OSHA regulations. D. An increase in environmental regulations.