Which of the following is a characteristic of a monopolistically competitive market? i. each firm is a price-taker. ii. firms sell slightly differentiated products. iii. each firm faces a downward-sloping demand curve. i only i and ii only ii and iii only i, ii, and iii

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.