Which of the following would likely be involved in a new bond offering?

The monetary policy-making body of the Federal Reserve is the

A) Federal Open Market Committee. B) New York Federal Reserve Bank. C) regional Federal Reserve Banks. D) Board of Governors.

In the above table, the average variable cost of producing 14 units of output is

A) $0.175. B) $5.71. C) $7.86. D) $10.00.