Of all the payments made to factors of production in the United States in 2013, ____ received the lowest share

Which of the following functions does the Fed perform?

A. Printing money B. Holding bank reserves C. Providing loans to other countries D. All of the above are functions the Fed performs.

In reference to short-term economic fluctuations, the "peak" refers to:

A. a period in which the economy is growing at a rate significantly above normal. B. the high point of economic activity prior to a downturn. C. a particularly strong and protracted expansion. D. the high point of economic activity prior to a recovery.