Author Question: Members of the Federal Reserve Board of Governors A) are confirmed by the House of ... (Read 117 times)

piesebel · **on:** Jun 30, 2018

Members of the Federal Reserve Board of Governors

A) are confirmed by the House of Representatives.
B) frequently need to deal with political pressures.
C) are members of the Federal Open Market Committee.
D) are appointed to 4 year terms.

Question 2

Bauxite is used for making aluminum. Which of the following will happen if bauxite prices fall, assuming all else equal?

A) The labor demand curve of aluminum manufacturers will shift to the right.
B) The labor demand curve of aluminum manufacturers will shift to the left.
C) Aluminum manufacturers will move to a higher point along their labor demand curves.
D) Aluminum manufacturers will move to a lower point along their labor demand curves.