The New York Federal Reserve Bank Group of president always gets to vote at the FOMC meetings.
A. president always gets to vote at the FOMC meetings.
<u>Explanation:</u>
The FOMC (Federal open market committee) is the the group which implements policies for the federal reserve systems. The New York Federal Reserve Bank Group, The president always gets to vote at the FOMC meetings.
There are 12 members who can vote and nine of the voting presidents of the reserve bank vote once in every three years. The president of the federal reserve bank also votes. the votes are casted in a rotating basis.
Answer: C it forces the writer to be specific early in the process
Explanation:
just did it
Answer:
The own price elasticity is 0.28.
The demand for good a is inelastic.
Explanation:
The price elasticity of demand for a product is the change in the quantity demanded of a product due to a change in its price.
When the price of good A increases by 7% the quantity demanded of that product decreases by 2%.
The own price elasticity of demand
= 
= 
= 0.28
The elasticity of demand is less than 1, this implies that demand is inelastic.
A greater change in price is leading to a smaller change in quantity demanded.
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Answer:
monetary and fiscal policies
Explanation:
Monetary and fiscal policies are two available policies.
Monetary policy and monetary policy represent two widely recognized tools used to influence the country's economic activity
However, if the central bank is independent, the government will not easily use monetary policy.
The combination of these policies will help restore the economy to full employment. These measures may not be co-ordinated, and economic policy and monetary policy are likely to work against each other.
