Most power in the Federal Reserve System is held by the
a. president and Congress.
b. Secretary of the Treasury, who appoints the members of the Board of Governors.
c. Board of Governors of the system.
d. member banks of the system.
c
Economics
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Scarcity exists because
A) society and people are greedy and wasteful. B) our wants exceed the resources available to satisfy them. C) of the inefficient choices we make. D) poor people need more food and other goods.
Economics
All games share three characteristics. Two of these characteristics are rule and strategies. What is the third characteristic called?
A) payoffs B) competition C) collusion D) results
Economics