The reason for the Fed being set up as an independent agency of government is to:

A. Protect it from political pressure

B. Allow it to earn profits like private firms

C. Make it be managed and controlled by member banks

D. Let it be able to compete with other financial institutions

A. Protect it from political pressure

Economics

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If a good sells for $10 domestically and the same good sells for $7 abroad, then this firm is engaging in

A) marginal cost selling. B) price discrimination. C) price differentiation. D) dumping.

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"Responsibility for ensuring that accurate information is provided to customers" is an example of a _____.

A. task B. task statement C. task dimension D. job

Economics