What was one reason the U.S government started a Federal Reserve system?
(A) To keep the banking power of the United States spread out among various districts.
(B) To have a place for banks to deposit their excess deposits.
(C) To provide consumers with access to funds for business expansion.
(D) To make sure that the U.S. banks were obeying laws regarding banking.
Answer: to provide consumers with access to funds for business expansion
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When a court uses the per se rule to interpret the Sherman Antitrust Act, its ruling is based on market conduct alone
a. True b. False
Identify the correct statement from the following
a. Modern telecommunications turned cities like Omaha and Bangalore into new resources for the world. b. Being only 10 hours away from most of the industrial world enabled Anchorage, Alaska to become the busiest cargo airport in the world. c. Call centers in the U.S. set up shop in small towns to prevent large-scale migration to bigger cities. d. Unless a city is in an advantageous location for conducting any form of business, it is difficult to boost its economy in today's world.