Monetary policy is:
a. controlled by the president, who appoints the members of the Board of Governors
b. controlled by the president, who appoints the members of the Open Market Committee.
c. insulated from politics since the term of only two members of the Board of Governors expires during the tenure of any modern president of the U.S.
d. insulated from politics because the Federal Reserve Board is the bankers' bank.
e. controlled by the department of finance of the United States.
c
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Imposing a tariff on a good leads to a ________ in the price of the product and ________ in imports
A) rise; no change B) fall; a decrease C) rise; an increase D) fall; an increase E) rise; a decrease
The leading example of sampling schemes in econometrics that do not result in independent observations is
A) cross-sectional data. B) experimental data. C) the Current Population Survey. D) when the data are sampled over time for the same entity.