Which of the following is a correct statement regarding the balance sheet of the Federal Reserve?
A) Fed assets = Fed liabilities + Federal Reserve notes
B) Fed assets = Fed liabilities + Fed capital accounts
C) Fed assets = Fed liabilities + bank reserves
D) Fed assets = bank reserves + Federal Reserve notes outstanding
B
Economics
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If the consumption of a good decreases the quantity available for another person, the good is
A) rival. B) excludable. C) pure. D) free.
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According to Nobel laureate Douglass North, one reason why the Industrial Revolution occurred in England before many other countries was because the king in England consistently maintained control over the court system and the government
Indicate whether the statement is true or false
Economics