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Author Question: If the U.S. Federal Reserve earns more than it spends, A) it returns the profits to the U.S. ... (Read 48 times)

meagbuch

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on: Jun 30, 2018
If the U.S. Federal Reserve earns more than it spends,
 
  A) it returns the profits to the U.S. Treasury.
  B) it keeps the profits to offset years when it spends more than it earns.
  C) it is free to invest the profits, similar to any private organization.
  D) Based on its structure, it is impossible for the Fed to earn more than it spends.

Question 2

Providers of health care insurance require applicants to provide information on their medical history. The purpose may be to minimize which of the following problems?
 
  A) moral hazard
  B) adverse selection
  C) government taxes
  D) opportunity cost


Jsherida

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


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