Which of the following statements is correct?

A) The Fed has difficulty covering its normal expenses, but is reluctant to ask Congress for money.
B) The Fed is dependent on the annual appropriations it receives from Congress.
C) The Fed's profits are substantial, even when compared to the largest U.S. corporations.
D) At one time the Fed made substantial profits, but falling interest rates have greatly reduced them.

C

Economics

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An increase in technology ________ potential GDP and ________ aggregate supply

A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases E) does not change; does not change

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Which of the following labor markets is more likely to be competitive?

A) Receptionists B) Singers C) Soccer players D) Sculptors

Economics