Virtually all Federal Reserve open-market purchases and sales are conducted with government securities, mostly

A) Treasury bills.
B) Treasury notes.
C) Treasury bonds.
D) savings bonds.

A

Economics

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The Organization of Petroleum Exporting Countries (OPEC) is an example of a(n)

A) oil monopoly. B) cartel. C) competitive arrangement. D) prisoner's dilemma.

Economics

YearReal GDP (in billions of 2005 Dollars)Population (in Millions of People)1999$10,780279.632000$11,226282.4 Refer to Table 9.1. What was real GDP per capita in 2000?

A. $39,752 B. $38,173 C. $40,193 D. $38,596

Economics