This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is the official policy-making body of the Federal Reserve System? a. Federal ... (Read 85 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
Which of the following is the official policy-making body of the Federal Reserve System?
 a. Federal Advisory Council
  b. The U.S. Treasury
  c. The Federal Open Market Committee
  d. The Board of Governors
  e. The Federal Reserve district banks

Question 2

Suppose there is a reduction in consumer income and an increase in the price of jet fuel, an important resource used to produce air travel. If air travel is a normal good, how will these changes influence the price and quantity of air travel? The price of air travel will (be) ____ and quantity purchased will (be) ____.
 a. decrease; indeterminate
  b. increase; indeterminate
  c. decrease; decrease
 d. indeterminate; decrease


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


cnetterville

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
Excellent

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Anterior and posterior views of the body illustrating the location of various body regions. Anterior and posterior views of the body illustrating the location of various body regions.
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
Pilates Exercises Strengthen the Body’s Core Muscles. Pilates Exercises Strengthen the Body’s Core Muscles.
Respiratory system of a bird. Respiratory system of a bird.
Pathway by which the nervous system controls skeletal muscle contraction Pathway by which the nervous system controls skeletal muscle contraction
Insect Body Plan: Grasshopper Insect Body Plan: Grasshopper
Video: The Vestibular System

For a complete list of videos, visit our video library