The central bank of the United States is known as the

A. Internal Revenue Service.
B. Federal Reserve System.
C. Federal Deposit Insurance Corporation.
D. Department of Commerce.

Answer: B

Economics

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"When a company's depreciation is larger than its gross investment, net investment becomes negative and the firm's capital stock decreases." Is the previous statement correct or incorrect? Explain your answer

What will be an ideal response?

Economics

Financial intermediaries emerged

A) to make loans to governments. B) to provide a market for municipal bonds. C) to reduce transactions costs for small savers and borrowers. D) to reduce transactions costs for traders in stocks and bonds.

Economics