Federal Reserve Bank directors
A) have relatively little influence in monetary policy decisions.
B) determine bank reserve requirements.
C) determine bank capital requirements.
D) set the federal funds rate.
A
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The United States has greater income disparity than
a. Japan. b. India. c. South Africa. d. Both a and b are correct.
The figure below shows free public schooling leading to less education.
A. True
B. False
C. Uncertain
If the price of paper books increases and consumer expenditures on paperback books also increase, which of the following is necessarily true?
A. Paperback books are normal goods B. Paperback books are inferior goods C. The demand for paperback books is unit elastic D. The demand for paperback books is elastic E. The demand for paperback books is inelastic
Refer to Figure 8.7. If Buffy gives 17 perms per day, her daily profit is A) $3. B) $10. C) $45. D) $51.