The Board of Governors has ___ members, and they are appointed for ___ year terms.
A. 10; 12
B. 7; 14
C. 14; 7
D. 12; 10
B. 7; 14
You might also like to view...
Suppose that the nominal money supply equals $2 billion and nominal GDP is $16 billion. Then, according to the equation of exchange, the velocity of money equals 8
a. True b. False Indicate whether the statement is true or false
Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher
If an increase in the monetary base of $8 billion increases the quantity of money by $64 billion, then the money multiplier is equal to ________
A) $64 billion B) 8 C) $8 billion D) 1/8
An employer asking potential job candidates to perform a test is an example of:
A. screening. B. signaling. C. statistical discrimination. D. building a reputation.