Which of the following is not a responsibility of the Fed?
A) supervising member banks
B) serving as the lender of last resort
C) determining the level of government spending
D) providing check-clearing services
E) supplying the economy with Federal Reserve Notes
C
Economics
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What does the slope of a straight line equal? How is the slope of a curved line calculated at a point on the curve?
What will be an ideal response?
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The oligopoly model that predicts that oligopoly prices will tend to be very rigid is the ________ model
A) Cournot B) Stackelberg C) dominant firm D) kinked demand
Economics