The economic system of the United States
A) was designed by mercantilists and capitalists.
B) was designed by the framers of the U.S. constitution.
C) was designed to maximize individual freedom.
D) was designed to maximize output per capita.
E) was the result of human intentions but not anyone's design.
E
Economics
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The issue of Fed independence is most often raised by
A) disagreement over the role the Fed should play in managing monetary policy. B) the Fed's refusal to carry out the wishes of the President. C) the Fed's refusal to carry out the wishes of Congress. D) the public's negative reaction to Fed policy.
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Wheat produced in the U.S. but sold in Japan would not be included while calculating the U.S. GDP
a. True b. False Indicate whether the statement is true or false
Economics