Which of the following antebellum transportation innovations was financed primarily by government funds?

An improvement in technology would shift

a. the demand curve leftward b. the demand curve rightward c. the supply curve leftward d. neither the supply nor the demand curve; instead, there is movement along both of them e. the supply curve rightward

Which of the following provides evidence that the Federal Reserve System is politically insulated?

A. The Board of Governors is located in Washington, D.C. B. The Fed acts as a clearinghouse between commercial banks. C. The Fed governors are appointed for 14-year terms and cannot be reappointed. D. The Fed governors are appointed by the president of the United States.