The number of voting members on the Federal Open Market Committee is:

A. 12.
B. 8.
C. 7.
D. 19.


Answer: A

Economics

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Sammy has a drone that he values at $1,500. Dean values the same drone at $2,000. Sammy decides to sell the drone to Dean for $1,800. What is the total cooperative surplus gained as a result of this trade?

A) $0 B) $200 C) $300 D) $500

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One reason the supply and demand model might not be appropriate to the health-care industry?

A) Consumers do not have full information. B) Providers do not know the demand for health-care services. C) Consumers do not know how to value their own health. D) The costs of finding a doctor are too low.

Economics

Which of the following would not increase French exports to the United States?

a. an appreciation of the U.S. dollar b. an appreciation of the euro c. a depreciation of the euro d. an increase in French preferences for American goods e. an increase in real income in France

Economics

When the U.S. government purchases capital equipment, such as a computer, these expenditures are part of investment in GDP

a. True b. False Indicate whether the statement is true or false

Economics