The conduct of monetary policy is the responsibility of:
a. commercial banks.
b. the U.S. Treasury.
c. the Federal Reserve System.
d. the Congress and the president.
c
Economics
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Which of the following statements is true?
a. Goods are scarcer than services in an economy. b. Goods are scarce for neither the poor nor the rich. c. Goods are scarce for both the poor and the rich. d. Goods are scarce for the poor but not for the rich. e. Goods are scarce for the rich but not for the poor.
Economics
In an open economy, the quantity supplied of bushels of corn is ________.
A. 300 million bushels B. 600 million bushels C. 150 million bushels D. 900 million bushels
Economics