Which of the following does the U.S. president appoint and the U.S. Senate confirm?
a. members of the Board of Governors and regional Federal Reserve Bank Presidents.
b. members of the Board of Governors but not the regional Federal Reserve Bank Presidents.
c. the regional Federal Reserve Bank Presidents, but not members of the Board of Governors.
d. neither members of the Board of Governors nor regional Federal Reserve Bank Presidents.
b
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An increase in net taxes (taxes paid by the private sector to the government less transfer payments and interest payments made by the government to the private sector) will:
A. increase private saving. B. increase public saving. C. decrease public saving. D. reduce investment in new capital equipment.
Knowledge workers are becoming more common relative to production workers
Indicate whether the statement is true or false
Entry to a perfectly competitive market is the long-run process of reducing production in response to a sustained pattern of losses
a. True b. False Indicate whether the statement is true or false
The $/€ bid rate is the:
a. Equal to the €/$ ask rate b. Inverse of €/$ bid rate c. Inverse of $/€ ask rate d. Equal to the $/€ ask rate e. Inverse of €/$ ask rate