The Board of Governors of the Federal Reserve System consists of

A) 7 members appointed by Congress and 7 appointed by the President.
B) the presidents of each regional Federal Reserve bank.
C) 12 members appointed by Congress.
D) 7 members appointed by the President of the United States.

D

Economics

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What is the equilibrium payoff for the stores?

a. Megastore $95 and Superstore $80 b. Megastore $305 and Superstore $55 c. Megastore $65 and Superstore $285 d. Megastore $165 and Superstore $115

Economics

Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.

A. lower; potential B. higher; potential C. higher; higher D. lower; higher

Economics