The Federal Reserve District Banks are owned by
A. the federal government.
B. a combination of state governments and the federal government.
C. the board of governors.
D. their member banks.
D. their member banks.
Economics
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The price of reserves that are borrowed from the Federal Reserve is called the
A) discount rate. B) federal funds rate. C) LIBOR. D) prime rate.
Economics
When an economy is operating well below its full-employment capacity and the marginal propensity to consume is 0.75, a $10 billion increase in investment spending will cause the equilibrium output to rise by:
a. $5 billion. b. $10 billion. c. $20 billion. d. $40 billion.
Economics