The Federal Reserve district banks
A) do not engage in monetary policy.
B) engage in monetary policy directly through discount lending.
C) engage in monetary policy directly through open market operations.
D) engage in monetary policy directly through their membership on Federal Reserve committees.
B
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The combined Social Security tax rate was _____ up to incomes of _____
a. 15.3 percent; $87,000 b. 14.2 percent; $91,000 c. 11.7 percent; $83,500 d. 12.8 percent; $88,000
Which of the following represents a potential solution to the problem of environmental pollution?
a. corrective taxes b. well established property rights c. government regulation d. All of the above are correct.
If the current mix of output is at point A and the optimal mix of output is at point D, does a market failure exist?
A. versatility and flexibility. B. rationality. C. pleasure or satisfaction. D. purposefulness
A. versatility and flexibility. B. rationality. C. pleasure or satisfaction. D. purposefulness.