The Federal Open Market Committees
A. include all seven members of the Board of Governors, the President, and ranking members of the Senate and Congress.
B. conduct the most important parts of monetary policy.
C. has complete control over the entire financial system.
D. is responsible for the fiscal policy of the United States.
B. conduct the most important parts of monetary policy.
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You can invest $100,000 into either project A or B. You estimate that A would succeed with a probability of 0.5 in which case it doubles in value. If it fails, its scrap value is $50,000 . Project B would succeed with probability 0.8, in which case it would have a value of $150,000 . If it fails, project B's scrap value is $30,000 . Which project should you invest in?
a. Project A b. Project B c. Neither of the projects d. You cannot tell from the information presented
Almost nine-tenths of all spells of unemployment end when the unemployed person finds a job
a. True b. False Indicate whether the statement is true or false