Each regional Federal Reserve Bank is owned by
A) the member banks in its district.
B) the Federal Deposit Insurance Corporation.
C) those who purchase its stock on the open market.
D) the taxpayers in its district.
A
Economics
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If the United States, at the point where it is currently producing, must give up the production of 500 bicycles (B) to produce 20 additional tractors (T) with the same resources, the opportunity cost of producing 100 bicycles is _______ tractor(s).
A) 1 B) 4 C) 25 D) 100
Economics
Which of the following measures is associated with an expansionary fiscal policy?
a. lowering consumption b. lowering taxes c. lowering government purchases d. decreasing investments
Economics