Decisions to buy or sell securities at the Fed are made by the:
a. Congress.
b. Federal Open Market Committee.
c. Federal Deposit Insurance Corporation.
d. President's Council of Economic Advisors.
b
Economics
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The long run aggregate supply curve is vertical because
A) a change in the level of prices will have no effect on real output in the long-run. B) the production possibilities curve is vertical. C) the aggregate demand curve is downward sloping. D) technology increases at a constant rate.
Economics
An individual receives $100 if the outcome of a coin toss is heads. If the outcome of the coin toss is tails, he loses $50. If the individual weights future loses by a special factor of 2, what is the psychological value of this coin toss?
What will be an ideal response?
Economics