Which of the following is NOT an asset of the Federal Reserve System?
A) mortgage-backed securities
B) reserves of depository institutions
C) U.S. government securities
D) None of the above are correct because they are all assets of the Federal Reserve.
B
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Secured property rights provide individuals with incentive to use the resources they own productively because they realize the gains from this use
Indicate whether the statement is true or false
Which of the following would most likely cause a job to command a compensating wage differential?
a. There are barriers to the entry of new workers into the job market. b. The job is more dangerous than most other occupations. c. Wage rigidity prevents the wage rate from falling to the equilibrium level. d. There has been an increase in the price of another input that is substitutable for labor. e. The job market is dominated by one large firm.