In order to safeguard the proper functioning of our monetary system, in 1913 Congress created the

a. Treasury Department
b. FDIC
c. National Bank Act
d. future funds rate
e. Federal Reserve System

E

Economics

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Explain what potential conflict exists between shareholders in a corporation and the corporation's managers

What will be an ideal response?

Economics

If 50 percent of the population receives 20 percent of the total income, it can be represented on the Lorenz curve by:

a. a point below the line of income equality. b. a line below the line of income equality. c. a point on the line of income equality. d. a line intersecting the line of income equality from below. e. a point above the line of income equality.

Economics