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Author Question: The Federal Reserve System is an independent body, so it does not require to report to Congress on ... (Read 54 times)

TVarnum

  • Hero Member
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  • Posts: 548
on: Jun 30, 2018
The Federal Reserve System is an independent body, so it does not require to report to Congress on its goals and money targets.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The formula for calculating the cross price elasticity of demand is:
 a. the change in the quantity demanded of one good divided by the change in the price of another good.
 b. the percentage change in demand of one good divided by the percentage change in the price of another good.
  c. the percentage change in the quantity supplied of one good divided by the percentage change in the price of another good.
  d. the percentage change in the price of one good divided by the percentage change in the quantity demanded of another good.


kswal303

  • Sr. Member
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  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


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