Which of the following is NOT true about the duties the Fed performs for the federal government?
A) The U.S. Treasury has a checking account at the Fed.
B) The Federal Reserve aids in the purchase and sale of certain government securities.
C) The U.S. Treasury controls the Fed.
D) The Federal Reserve is the banker and fiscal agent of the federal government.
C
Economics
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Trade between countries tends to
a. reduce both competition and specialization. b. reduce competition and increase specialization. c. increase competition and reduce specialization. d. increase both competition and specialization.
Economics
Suppose researchers discover a new, lower cost method of producing calculators. As a result, will the supply of calculators increase or decrease?
Economics