The existence of a natural monopoly stems from the size of the firm relative to the total market demand for the product of that firm.

The 12 regional Fed banks do not:

A. Provide loans to banks. B. Hold reserves for banks. C. Accept deposits from individuals. D. Provide currency to banks.

One source of the supply of dollars in the world is

A) the purchase of U.S. exports by foreign residents. B) the sale of U.S. domestic assets to foreigner residents. C) U.S. imports of foreign merchandise. D) U.S. sales of gold to foreigner residents.