Which of the following is NOT a subgroup of the Federal Reserve System?
A) the Federal Open Market Committee
B) the Federal Funds Market
C) the Federal Reserve Banks
D) the Board of Governors
B
Economics
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Fred the farmer purchased five new tractors at $20,000 each. Fred sold his old tractors to other farmers for $50,000. The net increase in GDP of these transactions was
A) $50,000. B) $100,000. C) $125,000. D) $150,000.
Economics
The true cost of any product purchased by the military is its purchase price
a. True b. False
Economics