You studied for two hours each day, for an entire week, before your first marketing exam. when you turned in the test, you felt confident that your effort would pay off. at the next class meeting, your instructor said she was considering curving the grades because the class average was lower than she had anticipated. all of a sudden, your 98% score did not have the same impact that it did when you first saw it! now the guy next to you that got an 84% is likely to have an "a" grade too. as you analyze this situation, you realize that it parallels an economic system such as where even if you work harder than another person, you are likely to realize the same benefit.

1. the responsibilities of the u.s. federal reserve system include overseeing the banking system and regulating the quantity of money in the economy setting the level of real interest rates working with congress to devise a financial plan for the country and execute the president's orders calculating and reporting the unemployment rate 2. to increase the supply of money when the economy is weak, the fed closes banks reduces inflation sells bonds buys bonds 3. the federal funds rate is the short-term interest rate that banks charge their best customers when borrowing banks earn on savings accounts with the fed banks charge each other when borrowing or lending to each other the fed charges banks when borrowing 4. when the fed increases the money supply and consequently lowers interest rates, the value of the dollar will rise by more in the market for foreign exchange, all else equal will fall, all else equal is not impacted by fed policy will rise, all else equal

As societies modernize, what often happens to crime rates? a. they increase b. they decrease c. they remain the same d. they increase slightly and then fall rapidly

Which of the following events most directly contributed to the establishment of israel as a nation