Circulating private bank notes

A) have never been used in the United States.
B) were widely used in the Free Banking Era.
C) were widely used in the United States during the Great Depression.
D) are still currently in use in Canada.

B

Economics

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Members of the Federal Reserve Board of Governors are appointed to 14-year terms to provide a level of isolation from political influence.

a. true b. false

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Consumers will willingly make less-informed decisions: a. if information costs are less than the perceived benefits of gathering information. b. if information costs are greater than the perceived benefits of gathering information. c. since ignorance always leads to bliss

d. whenever acquiring more information requires sacrifice.

Economics