Which of the following leads a good to have a high elasticity of supply? I. The good must be produced using unique resources. II. The good is produced using commonly available resources

Which of the following is TRUE?

a. Maximizing division profits always leads to maximizing company-wide profits b. Managers of profit centers are given a lot discretion in their decision making c. Profit centers usually require the highest degree of attention of corporate executives d. A manager being rewarded on division revenues has no incentive to make good decisions for his division

The Fed has the power to increase or decrease the number of dollars in the economy through the decisions of

a. the Board of Governors. b. the FOMC. c. the regional Federal Reserve Bank presidents. d. the U.S. Treasury.