The Federal Open Market Committee consists of all the following people except
A) the Board of Governors of the Federal Reserve System.
B) five presidents of Federal Reserve Banks, on a rotating basis.
C) the chairman of the President's Council of Economic Advisors.
D) the President of the Federal Reserve Bank of New York.
C
Economics
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Economic profit is always
A) greater than accounting profit. B) equal to accounting profit. C) less than accounting profit. D) equally likely to be either greater or less than accounting profit.
Economics
Stagflation could be caused solely by a shift in the aggregate demand curve
a. True b. False Indicate whether the statement is true or false
Economics