Under the Federal Reserve Act, which banks must be members of the Federal Reserve System?
A) all commercial banks
B) national banks
C) state banks
D) all banks with capital in excess of $100 million
B
Economics
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What is the opportunity cost of investing $10,000 of your own money in a business you wish to start?
What will be an ideal response?
Economics
Which of the following methods could be used to correct for external costs?
A) Impose a tax or an effluent fee on the offenders. B) Have the offender clean up the pollution it caused. C) Require firms in the industry to install pollution control devices. D) All of the above would be appropriate.
Economics