After the imposition of the quota, the numbers of TVs imported will drop by_____ thousand units. 
A. 100
B. 20
C. 40
D. 80
Answer: D
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Which of the following would be categorized as an unconventional monetary policy tool?
A. Targeted asset purchases B. Federal funds rate target range C. Deposit rate D. The interest rate on excess reserves (IOER)
Most of the buying and selling in primary markets:
A. is in the public view. B. is highly transparent and closely monitored by the SEC. C. is done by the Federal Reserve. D. involve an investment bank.
Fractional reserve banking refers to a banking system in which
A. bank reserves are only a fraction of required reserves. B. bank reserves are only a fraction of total deposits. C. bank loans are less than bank reserves. D. bank deposits are less than bank reserves.
Which of the following is the most common form of business organization in the United States?
A. S-corporation B. corporation C. partnership D. proprietorship