Federal Reserve liabilities and capital accounts are equal to
A) Federal Reserve assets.
B) gold certificates + Federal Reserve notes.
C) Federal Reserve notes outstanding.
D) bank reserves + government securities.
A
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The expenditures or output approach to GDP measures it by summing:
a. Compensation of employees, rents, interest, dividends, corporate profits, proprietors' income, and indirect business taxes, and subtracting the consumption of fixed capital b. Compensation of employees, rents, interest, dividends, undistributed corporate profits, proprietors' income, indirect business taxes paid, consumption of fixed capital, and net foreign factor income earned in the United States c. The total spending for consumption, investment, net exports, and government purchases d. The total spending for consumption and government purchases, but subtracting public and private transfer payments
What is the maximum value the HHI can take on?
A. 1,000 B. 5,000 C. 10,000 D. 100,000