The central authority of the U.S. banking system is the:
A. Federal Open Market Committee (FOMC).
B. Board of Governors of the Federal Reserve.
C. Federal Monetary Authority.
D. Council of Economic Advisers.
B. Board of Governors of the Federal Reserve.
Economics
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As a currency appreciates:
A) exports increase and imports decrease. B) exports decrease and imports increase. C) exports increase and imports increase. D) exports decrease and imports decrease.
Economics
Monopoly as a market structure leads to
a. prices equal to average cost. b. quick response to economic change. c. prices that equal minimum long-run average cost. d. persistent economic profits.
Economics