The Monetary Control Act of 1980 extended the Fed's authority to:
a. impose required-reserve ratios on all depository institutions.
b. control the discount rate.
c. control the federal funds rate.
d. all of these.
a
You might also like to view...
In the short run, a monopoly may
a. only earn positive economic profits. b. only earn zero economic profit, c. earn positive economic profits or economic losses. d. only earn economic losses.
With the Bretton Woods system of international exchange rates
A) the value of a country's currency was determined strictly by the laws of supply and demand. B) the value of a country's currency was determined by its stock of gold. C) there were fixed exchange rates, and most countries were obligated to intervene to maintain the values of their currencies within 1 percent of par value. D) a nation's balance of payments was eliminated.
Refer to the above table. What does the marginal product equal when the quantity of labor goes from 2 to 3?
A. 21 B. 189 C. 63 D. 17
If average variable cost is $74 and total fixed cost is $100 at 5 units of output, then average total cost at this output level is:
A. $91 B. $94 C. $97 D. $100