The federal reserve system: was created by and is owned by the government. pursues independent fiscal policy at the behest of congress. never acts to control inflation. pursues an independent monetary policy which can conflict with the government's economic policy. only acts to lower taxes and increase spending when there are recessionary tendencies in the econo

It is estimated that over 100,000 students will apply to the top 30 m.b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m.b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m.b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent