What type of unemployment occurs when automation replaces workers?

What does unlimited liability mean?

A) The personal assets of the owners cannot be claimed if the business is bankrupt. B) Only employees can have a claim on the assets of the business. C) The owners of the business are personally responsible for paying expenses incurred by the business. D) Anybody with a liability against a firm can claim up to three times their liability.

The Federal Reserve entity that makes decisions regarding the conduct of open market operations is the

A) Board of Governors. B) chairman of the Board of Governors. C) Federal Open Market Committee. D) Open Market Advisory Council