The U.S. unemployment rate has averaged around ______ since 1950.

About the Federal Reserve System The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest. The Federal Reserve

What will be an ideal response?

One result of asymmetric information in the market for bank loans is that

a. few loans are offered b. few bad loans are made c. more bad loans than good loans may be made d. lenders benefit at the expense of borrowers e. the interest on good loans will be higher than otherwise