Fed watchers are:
A. individuals or organizations whose sole occupation is to follow the Fed's FOMC.
B. financial advisers for the government, telling them when raising taxes will raise revenue and when it won't.
C. individuals or organizations whose sole occupation is to predict the future of the interest rates.
D. part of the Fed governor system and are given voting power on the FOMC.
Answer: A
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One reason why the "fast-casual" restaurant market is competitive is that
A) consumption takes place in public. B) demand for "fast -casual" food is very high. C) it is trendy and therefore is likely to have a customer following. D) barriers to entry are low.
A price below the equilibrium price will:
A) result in pressure for price to rise. B) result in a surplus. C) never be the case. D) result in pressure for price to fall.
An increase in the world price of oil will result in...
What will be an ideal response?
Government regulations can create de facto monopoly results
a. True b. False