Which of the following is correct?
a. The Federal Reserve is responsible for conducting monetary policy.
b. The U.S. Treasury controls the money supply through its buying and selling of U.S. securities.
c. The Treasury is a monetary agency with responsibilities very similar to those of the Fed.
d. The Federal Reserve System issues U.S. securities.
A
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Which of the following statements is true of the U.S. economy?
A) No bank runs have occurred after 1990 in the U.S. economy. B) The number of bank runs decreased after the FDIC was established. C) Almost one-fourth of the U.S. banks failed during the Great Depression. D) No bank runs have occurred before 1990 in the U.S. economy.
When grocery stores issue special discount membership cards for shoppers effectively offering different prices based on quantities consumed, this is an example of
A) price discrimination. B) price differentiation. C) product differentiation. D) patent protection.