The one central bank president that always has a seat on the Federal Open Market Committee is located in:
A. New York City.
B. Boston.
C. San Francisco.
D. Chicago.
Answer: A
Economics
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A surplus occurs when the quantity of a good supplied at the existing price is greater than the quantity demanded
Indicate whether the statement is true or false
Economics
The following table shows the aggregate supply and demand data for a country. What is the equilibrium output?
A. 4,000
B. 8,000
C. 7,000
D. 9,000
Economics
A currency sells at a forward premium when the forward rate is greater than the spot rate.
a. true b. false
Economics
Suppose that the wage for teachers increases relative to other occupations. We know that ________ people will work as teachers, and the total number of hours worked will ________.
A. more; increase B. more; decrease C. fewer; increase D. fewer; decrease
Economics