The President of which of the following district banks of the Fed is perpetually present on the Federal Open Market Committee?
a. The New York Fed
b. The Seattle Fed
c. The Boston Fed
d. The Chicago Fed
e. The Atlanta Fed
a
Economics
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A professional tennis player enters fewer tournaments each year as the prize money she won increased. This observation indicates that the tennis player
A) is irrational. B) has shifted her labor demand curve leftward. C) has shifted her labor supply curve rightward. D) has a backward bending labor supply curve.
Economics
The price elasticity of demand for heart transplants is perfectly inelastic. Thus, the price elasticity demand for heart transplants is
A. 1.0. B. 0.0. C. -1.0. D. -100.0.
Economics