The Federal Open Market Committee includes:
A. the Board of Governors.
B. the Secretary of State.
C. all regional bank presidents.
D. the Chairman of the Treasury.
Answer: A
Economics
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If the imposition of a tariff on a commodity alters the relative international prices of the imposing country's exports to its imports, it is referred to as the
A. production effect of the tariff. B. terms-of-trade effect of the tariff. C. total price effect of the tariff. D. consumption effect of the tariff.
Economics
Judgment by performance means that the competitiveness of a market is determined by:
A. the structure of the industry. B. technological considerations. C. the number of firms in the market. D. the actual behavior of firms in the market.
Economics