Who did President Jimmy Carter appoint to head the Federal Reserve beginning in 1979?
a. Ben Bernanke
b. Alan Greenspan
c. Paul Volcker
d. Arthur Burns
c
Economics
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Scott used $4,000,00 . from his savings account that paid an annual interest of 5% to purchase a hardware store. After one year, Scott sold the business for $4,100,000 . His accountant calculated his profit to be:
a. $300,000 b. $100,000 c. $80,000 d. $20,000
Economics
If the real interest rate increases:
A. The investment demand curve will shift to the right B. The investment demand curve will shift to the left C. There will be a movement upward along the investment demand curve D. There will be a movement downward along the investment demand curve
Economics