The principal objective of the Federal Reserve System is to
a. circulate coins and paper Federal Reserve Notes.
b. subsidize the income of member banks.
c. help stabilize the economy through monetary policy.
d. make profits to remit to the Treasury Department.
c
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In the figure above, ceteris paribus, an increase in x is associated with
A) an increase in y. B) a decrease in y. C) an increase in z. D) a random change in z. E) no change in either y or z.
If net exports is 100 and the private sector balance is 150, then the government sector balance is
A) -50. B) 50. C) 250. D) 0.
Using the scenario above what might the instructor do to avoid this same result?
What will be an ideal response?
The figure below shows the demand for items from a warehouse club. All of the people who shop at the warehouse club have the same demand. If the managers use two-part pricing, the price per item (the user fee) is ________ and the company sells ________ units to each customer.
A) $6 per unit; 10
B) $10 per unit; 10
C) $6 per unit; 20
D) $10 per unit; 20