Which of the following individuals serve a four-year term?
a. the members of the Board of Governors
b. the Chair of the Board of Governors
c. the members of the FOMC
d. All of the above are correct.
b
Economics
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The figure above shows the supply curve for soda. The market price is $1.00 per soda. The producer surplus from the 10,000th soda is
A) $0.00. B) $0.50. C) $1.00. D) more than $1.00. E) None of the above answers is correct.
Economics
Which of the following is an example of the Fed making monetary policy?
A) Increasing government spending by $30 million B) Decreasing the tax rate on interest rate earnings C) Decreasing the discount rate to 2% D) Increasing subsidies to solar energy producers
Economics