Most economists agree that a well-designed central bank would:
A. be independent of political pressure.
B. make its policy actions difficult to interpret.
C. be run by one key policy maker.
D. be accountable only to other banks.
Answer: A
Economics
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When Starbucks accepts your $10 bill for two Grande Lattes and one Tall Caramel Macchiato, the $10 bill serves as a
A) medium of exchange. B) store of value. C) standard of value. D) commodity money.
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To reduce personal income to disposable personal income,
a. indirect business taxes are deducted. b. corporate income taxes are deducted. c. personal taxes are deducted. d. All of these.
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