In the United States each year, approximately

The Federal Reserve is considered by experts to be a government agency that is

A) totally independent from the rest of the federal government. B) semi-independent from the rest of the federal government. C) closely tied to Congress. D) subservient to the interests of large money-center banks.

Economists usually assume

a. that Americans' preferences are systematically different from Europeans b. that there are some features common to the preferences of a wide variety of people c. that everyone has the same preferences d. that everyone has the same preferences that they (the economists) do e. that individuals prefer to purchases goods rather than services