Comparing the European and the U.S. central bank systems, the Executive Board of the European system resembles:
A. the Board of Governors.
B. the FOMC.
C. the Presidents of the regional Federal Reserve Banks.
D. the Chairman of the Board of Governors of the Fed.
Answer: A
Economics
You might also like to view...
An investment tax credit ________
A) is designed to incentivize higher capital stock expenditures at any given interest rate B) may lead to increases in autonomous investment C) may put upward pressure on the interest rate D) all of the above E) none of the above
Economics
Based on the figure below. Starting from long-run equilibrium at point C, a decrease in government spending that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at__ creating _____gap.
A. B; no output B. D; an expansionary C. B; recessionary D. D; a recessionary
Economics