The Federal Reserve views commercial bank use of the discount window as

A) something to be used only by commercial banks.
B) completely up to the borrower.
C) a privilege, not a right for eligible borrowers.
D) something to be used only in financial panics.

C

Economics

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Which of the following is NOT a source of bias in the CPI? i. quality change bias ii. new goods bias iii. quantity change bias

A) i only B) ii only C) iii only D) i and ii E) ii and iii

Economics

The figure above shows the market for milk. If 100 gallons of milk a day are available, the ________ price that consumers are willing to pay for the last gallon is ________

A) maximum; $2.50 B) minimum; $3.00 C) maximum; $4.00 D) minimum; $4.00

Economics