The Federal Reserve System (The Fed) is the ________ incarnation of a central bank in the United States
A) first
B) second
C) third
D) fourth
C
You might also like to view...
Suppose we have normally-sloped IS and LM curves intersecting at point A. Then a monetary policy change shifts the LM curve to the right. Directly below point A we find a point on the new LM curve that shows us
A) where the new IS-LM equilibrium occurs. B) how much the interest rate must fall to raise planned expenditures to the new equilibrium income. C) how much the interest rate must fall to by itself raise the demand for money by as much as the money supply has decreased. D) how much income must rise to by itself raise the demand for money by as much as the money supply has increased. E) how much the interest rate must fall to by itself lower the demand for money by as much as the money supply has decreased.
All of the following are in-kind benefit programs, except
A. food stamps. B. Medicaid. C. energy assistance. D. SSI.
In game theory, the strategy that always yields the highest benefit for the player using it is the
A) dominant strategy. B) cooperative strategy. C) prisoners' strategy. D) matrix strategy.
The ABC Corporation decreases all of its inputs by 12 percent and finds that its output falls by only 8 percent. This means that initially it was producing:
A. in the range of economies of scale. B. in the range of diseconomies of scale. C. at the point of minimum efficient scale. D. where AP is less than MP.