Who was the effectively in charge of the Fed during the early 1930s?
A) Secretary of Treasury
B) Head of the Federal Reserve bank of New York
C) Comptroller of the Currency
D) no one
D
Economics
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Explain what will happen when the government imposes a minimum price that is below the market equilibrium price. Why is this true?
What will be an ideal response?
Economics
Advertising
a. provides information about products, including prices and seller locations. b. has been proven to increase competition and reduce prices compared to markets without advertising. c. signals quality to consumers, because advertising is expensive. d. All of the above are correct.
Economics