The federal reserve bank's board of governors consists of __ members appointed by the president of the US to 14 year, nonrenewable terms

Describe in general terms four or five characteristics of less-developed countries

A perfect monopoly:

A. can be a single seller or small group of firms. B. controls 100 percent of the market for a product. C. can offer a product at the lowest cost possible. D. always engages in price discrimination.