The price specified on an option at which the holder can buy or sell the underlying asset is called the

Which of the following statements is true?

a. The Federal Reserve System was established by the U.S. Constitution b. The Federal Reserve System was established immediately after the Civil War. c. The Federal Reserve System was established in 1913. d. The Federal Reserve System was established during the Great Depression. e. The Federal Reserve System was established immediately following World War II.

A good is nonrivalrous in consumption if

A. its consumption by one person does not reduce its consumption by others. B. its consumption by one person reduces its consumption by others. C. it is possible, or not prohibitively costly, to exclude someone from receiving the benefits of the good once it has been produced. D. it is impossible, or prohibitively costly, to exclude someone from receiving the benefits of the good once it has been produced. E. a and d