Author Question: All members of the Federal Board of Governors are appointed by the president and confirmed by the ... (Read 88 times)

ahriuashd · **on:** Jun 30, 2018

All members of the Federal Board of Governors are appointed by the president and confirmed by the Senate.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Starting from an equilibrium position,
a. the imposition of a price floor below the equilibrium price will increase the quantity demanded.
b. the imposition of a price floor below the equilibrium price will decrease the quantity exchanged.
c. the imposition of a price floor above the equilibrium price will decrease the quantity demanded.
d. the imposition of a price floor above the equilibrium price will increase the quantity exchanged.