Each of the seven governors of the Federal Reserve Board is appointed by the president and confirmed by the Senate to serve Question 14 options: a) as long as the appointing president remains in office. b) 7 year terms. c) 14 year terms. d) 4 year terms.
Q: 26. Use the chart below of a perfectly competitive market in the short run to answen the question be...
A: We know that the profit maximization condition is marginal revenue is equal to marginal cost.
Q: Q2 /Discuss why are international financial institutions important for growth economy around the wor...
A: When talking about international financial institutions, they include international monetary fund, w...
Q: In a game, a certain player has m information sets indexed by j = 1,2,...,m. There are kj possible a...
A: Answer -
Q: Consumption per period (trillions of dollars) $6 Consumption 3 1 2 3 4 5 6 7 8 9 10 Real GDP per per...
A: The measure that depicts the value of goods and services that are being produced in an economy durin...
Q: What is the patent system intended to do? reward innovators by granting them temporary monopolies gi...
A: Patent system provides you an authority of owning a property or thing or service.
Q: (d). Suppose production of Cars and Textiles in Turkey requires capital and labor. But the capital i...
A: Consumers are accustomed to seeing goods from worldwide at their local grocery stores and retail out...
Q: The table below lists hypothetical CPI and wage values for the United States from different decades....
A:
Q: Should grades in an economics class be 'rationed' according to dollar price instead of how well a st...
A: Rationing is such a condition where restrictions are imposed on demand of a good for the purpose of ...
Q: At the profit-maximizing output level, the slopes of the revenue and total cost curves are not equal...
A: The correct answer is given in the second step.
Q: Suppose a particular stretch of river can be used to build a hydropower dam that generates 2983 Kilo...
A: Opportunity cost is the forgone benefits from the next best alternative.
Q: Using the expenditure approach, compute the value of the GDP? Transfer Payments $54 Interest Income ...
A: GDP using expenditure approach: Household Consumption + Government Expenditure + Investment + Net Ex...
Q: Harley worked for many years to save enough money to start his own residential landscape design busi...
A: The external rate of return is the rate of return on a project where any excess cash from a project ...
Q: One factor which did not influence the levels of real output and employment in the labor market was ...
A: The correct answer is given in the second step .
Q: The following are the National Income Account data of the Philippines (figures are in Billions of Pe...
A: Given: Merchandise imports=17 Personal consumption expenditure=217 Note: Due to multiple subparts be...
Q: How does anemic economic growth contributes to national debt?
A: Anemic Economic growth: An anemic Economic growth can be defined as the one where the growth of the ...
Q: Place the transactions below in their appropriate categories in the GDP and calculate the overall ef...
A: GDP GDP (Gross Domestic Product) basically refers to the total monetary worth of all final products ...
Q: A2-2. Suppose the consolidated balance sheet (T-account) of the banking system for an economy with a...
A: Answer -
Q: In a situation where you have a strong neighbor, as a country, do conventional weapons offer an effe...
A: By discussing the strong neighbor and the conventional weapon, it is the weapons the offer and relat...
Q: 1. Present Value Costs Your company wants to bring outdoor ice-skating to Palm Springs, California a...
A: Answer a. The annual cost of owning and sustaining an asset is calculated by multiplying the net pre...
Q: factors which could have an impact on the demand and supply ofvoil in the near term. whether on ba...
A: When product and service is manufactured all around the world, cost takes place and process of busi...
Q: What is the difference between macroeconomics and microeconomics?
A:
Q: Eggplant and Broccoli are perfect substitutes for Josh, same marginal utility from a single eggplant...
A: Introduction Josh has $66 income. He wants to takes eggplant and broccoli with the income. Price of ...
Q: If the Fed wanted to raise the Federal funds rate using open market operations, other things equal, ...
A: Open market operations refer to purchase and sale of security bills to affect money supply in the ...
Q: Federal Reserve independence is thought to Question 11 options: a) help Congress to better c...
A: With more independence for federal reserve, the central bank will be more open, transparent and ...
Q: This is a Solow model question. Suppose δ=0.1, s=0.4, K0 = 40, L0 = 10, AF(K,L) = K1/2L1/2, and ther...
A: Y = K0.5 L0.5 δ=0.1, s=0.4, K0 = 40, L0 = 10 k0 = K0/L0 = 4
Q: Y Example 12. Compute (i) Laspeyre's Price Index, (ii) Weighted Average of relatives Index number ta...
A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for you...
Q: What is theories and patterns of structural change in economic development? Explain in your own word...
A: The structural aspect of economic development is becoming increasingly crucial as the Ukrainian econ...
Q: Each consumer has the following demand for annual visits to Planet Fitness: Q = 100 - P, where Q is ...
A: According to the question, For annual visits to Planet Fitness, each customer needs the following ...
Q: If the average total cost of producing a good rises as a firm produces more of the good, then which ...
A: Average Total Cost (ATC): - it is the average value of the total cost of producing specific units of...
Q: Consider the IS-LM AD-AS model (with adaptive expectations). Assume that the economy is initially in...
A: If the money supply falls, the economy will have less cash. Prices will rise, inflation will rise, a...
Q: The marginal utilities derived from each product are as follows. Number of MU of apples MU of orange...
A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new ques...
Q: •Suppose demand is Q = 100 – 2P •a.) Calculate the price elasticity of demand at P = $5. •b.) Calcul...
A:
Q: • Assuming that there is no government spending or trade, an economy's GDP is the sum of domestic co...
A: Answer -
Q: Tim's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Tim's very t...
A: According to the law of diminishing marginal product. It says that, at the beginning phases of produ...
Q: > The production function for gadgets is: Q = Q(L, G) = L½ + G½ ne price of L is w = $2. The price o...
A: A production function has Diminishing returns to scale when change the inputs changes the output by ...
Q: Compare and contrast the different approaches to environmental policymaking
A: Approaches to environmental policy making:- 1) Lawsuits 2) Economic policy tools 3) Command and cont...
Q: What is Perfect competition? (50 words only)
A: A market arrangement in which numerous enterprises provide a homogeneous product is known as perfect...
Q: O more
A:
Q: With an estimated market share of 37%, Atlas is the dominant company and the price leader in an oli...
A: Herfindahl-Hirschman Index "HHI" is the measurement of market concentration. It is computed by squar...
Q: On January 12, 2010 a magnitude 7.0 earthquake rocked Haiti. One million people were left homeless. ...
A: In dog training, both classical and operant conditioning is used. Classical training is used to teac...
Q: For the next two questions, consider a consumer with utility function U(x1, X2) = x1+X1X2+X2 who obe...
A:
Q: The graph shows the average total cost (ATC) curve, the marginal cost (MC) curve, the average variab...
A: 1)MR=MC at a market price of $$200 and 260TR=Price×QuantityTR=200×260TR=$52,000
Q: ia plans to buy a house for Php 157065. She wants to make a down payment of Php 20888 and to take ou...
A: Mortgage loans are designed to help people to take a loan for the long term. People have to pay inte...
Q: What best describes the long run? a period of time that labor can change a period longer than six mo...
A: The long run is a span of time during which all production parameters and costs are subject to chang...
Q: During a recession, couldn't firms reduce their labor costs by the same, or possibly more, if they l...
A: Huge downturn in an economy is referred to be as recession In recession, the organizations attempt t...
Q: What are strategies that can be used to ensure the erosion of unions do not happen? If firms pay mo...
A: Almost all companies are eligible to form a union; there is no requirement for a union to represent ...
Q: 1. You have a choice of getting a degree in economics, computer science or neither. Either degree de...
A: Answer - Thank you for submitting the questions but, we are authorized to solve one question at a ti...
Q: (3) Suppose there are two consumers in the market for a good and their demand functions are as follo...
A:
Q: Based on economic theory, the introduction of a binding price floor (such as the minimum wage) in a ...
A: Price floor is the minimum price that must be paid to sellers.
Q: Situation: 75% of voting shares are held by charitable institutions that are headed by the CEO of a ...
A: Voting shares are shares that give the shareholders the right to vote on specific decision of the or...
14.
Each of the seven governors of the Federal Reserve Board is appointed by the president and confirmed by the Senate to serve
Question 14 options:
|
|
|
||
|
|
|
||
|
|
|
||
|
|
|
Step by step
Solved in 4 steps
- 19. Which of the following is NOT an entity of the Federal Reserve System? Question 19 options: a) the Board of Governors b) Federal Reserve Banks c) the Comptroller of the Currency d) the Federal Open Market Committee8. The function of the Federal Open Market Committee is to: Question 8 options: a) decide on Federal Reserve purchases/sales of securities to control the federal funds rate. b) set the discount rate. c) decide on new currency issues. d) approve and disapprove new Fed membership applications.39. Consider a fractional-reserve banking system in which an initial deposit of $1,000 can generate up to $4,000 in money. What is the reserve ratio? (A) 4 percent. (B) 5 percent. (C) 25 percent. (D) 75 percent.
- (a). The required reserve ratio is 10%. If the Fed increases the amount of excess reserves in the banking system by $100,000,000, the maximum potential amount of additional money created in the economy will be dollars. (b). The required reserve ratio is 10%, but due to economic uncertainty, banks are holding an additional 2.5% of their deposits as excess reserves. If the Fed increases the amount of excess reserves in the banking system by $100,000,000 through an open market purchase, the maximum potential amount of additional money created in the economy will be dollars.Ab 53 Economics Which of the following is NOT true about the members of the Federal Reserve Board of Governors? Multiple Choice a.) They are appointed to fourteen-year terms by the President of the United States. b.) They are relatively immune to short-term political pressures. c.) They may not be reappointed after serving a full term. d.) They each serve as chairman of the Board of Governors on a rotating basis.24. Which of these consumer activities is most influenced by the Federal Reserve? E. applying for a home mortgage G. purchasing discount airline tickets H. using doctor-prescribed medications J. reading nutritional labels on foods
- 23) Which of the following legislation says the Federal Reserve should promote price stability and maximum employment, but does not specify how the Federal Reserve should weight these goals? the Clayton Antitrust Act of 1914 There is no such legislation affecting the Federal Reserve. the Federal Reserve Act of 1913 a 1977 amendment to the Federal Reserve Act.11. Macroland has a very simple banking system, in which there is only one chartered bank (The First Bank). The government of Macroland imposes a minimum required reserve ratio of 3%. Individuals in Macroland hold a fixed amount of $1200 in the form cash to facilitate their daily transactions and will deposit any excess amount of money into their bank accounts. The initial balance sheet of the First Bank is as follows: Assets Liabilities & Equity Reserves $255 Chequable deposits $7500 Loans $7400 Shareholder equity $155 Note: Unless otherwise stated, the First Bank will hold the excess reserves fixed at the current level as shown in the initial balance sheet and will lend out any surplus of reserves beyond this. a. Find the required reserves and the excess reserves held by the First Bank. b. Suppose there is a change in money demand such that people increase their cash holdings by $45 by withdrawing cash from their bank accounts. By how much will the money supply change? c. Return to…Of the twelve regional Federal Reserve Banks, only the _______ make(s) the purchase and sale of government securities in the open market. A)Board of Governors B) San Francisco district C)New York Fed D) Chicago district
- 10. Which of the following policies of the Federal Reserve is considered expansionary? raising the discount rate raising government spending reducing the required reserve ratio selling government securities cutting personal and business income tax ratesThe following are two hypothetical ways in which the Federal Reserve Board might be appointed. Would you favor either of these two methods over the present method? Why or why not? Upon taking office, the U.S> president appoints seven people to the Federal Reserve Board, including a chair. Each appointee must be confirmed by a majority vote of the Senate, and each serves the same 4-year term as the President. Congress selects seven members from its ranks (four from the House of Representatives and three from the Senate) to serve at congressional pleasure as the Board of Governors of the Federal Reserve System.Multiple choices 1. Banks face liquidity risk because A) they can have difficulty meeting their depositor's demands to withdraw money. B) they are unable to borrow from the Federal Reserve. C) households and businesses may seek to borrow a large amount of funds in a short period of time. D) governments tend to run high budget deficits. 2. The original intention of the Fed's role as lender of last resort was to make loans to banks that were A) not illiquid nor insolvent. B) illiquid, but not insolvent. C) insolvent, but not illiquid. D) both illiquid and insolvent. 3. Why might a nation seek to maintain a pegged exchange rate? A) It makes business planning easier for firms involved in the global economy. B) It removes the need to intervene in the foreign exchange market. C) It ensures that the exchange rate will remain at its equilibrium. D) It makes their currency more attractive on the foreign exchange market. 4. Suppose a country pegs its currency. If investors start to believe the…