Which of the following is responsible for the distribution of paper currency in the United States?
A) the U.S. Treasury
B) the Office of the Comptroller of the currency
C) the Federal Reserve
D) all of the above
C
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Two actions by the Fed during Alan Greenspan's term as chairman have been identified as possibly contributing to the financial crisis in 2008. Which of the following was one of those actions?
A) working in concert with the European Central Bank to stabilize the dollar / euro exchange rate B) financing the first Gulf War by printing money and generating rapid inflation C) decreasing the money supply to fight the possibility of disinflation D) the decision to keep the federal funds rate at 1 percent from June 2003 to June 2004
Beta in the CAPM is ____
a. one measure of the systematic risk of a stock b. estimated as the slope of a regression line between an individual security's returns and returns for the market index. c. useful in estimating the firm's cost of debt capital d. a and b only e. a, b, and c
US law was recently changed so that some airplane manufacturers are immune from liability from accidents involving their decades old aircraft. As a result
a. accident rates fell due to less adverse selection b. accident rates fell due to less moral hazard c. accident rates rose due to less adverse selection d. accident rates rose due to less moral hazard
Increasing returns means that
A) each additional worker produces more than the worker before him/her. B) each additional worker costs less. C) marginal cost rises. D) technology is having a negative impact on production.