Which organization is responsible for managing the nation's money supply?
A) Fort Knox
B) The United States Congress
C) The United States Treasury
D) The Federal Open Market Committee
E) The American Economic Association
D
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When indirect business taxes are subtracted from GDP we get net national product of a nation
a. True b. False Indicate whether the statement is true or false
The wages paid to the workers in a leather processing plant are: a. considered the total cost of the plant
b. considered a fixed cost of the plant. c. considered a variable cost of the plant. d. considered a marginal cost of the plant.
Price floor
What will be an ideal response?
Which of the following would cause the demand for loanable funds to increase?
a) A reduction in consumer confidence that causes people to save more. b) A new investment tax credit for businesses to expand. c) A major sporting event in town that causes people to withdrawl money from their bank accounts. d) A reduction in government spending.