Which of the following is NOT a subgroup of the Federal Reserve System?

A. the Federal Reserve Banks
B. the Federal Funds Market
C. the Board of Governors
D. the Federal Open Market Committee

Answer: B

Economics

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Of the following OECD countries, which spends the most on health care when measured as a percentage of GDP?

A) the United Kingdom B) Japan C) Canada D) the United States

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In the figure above, a firm is operating at point A on the graph. At point A, the firm's average cost curve

A) has negative slope. B) has positive slope. C) is horizontal. D) is vertical.

Economics