Question
What is one of the things the federales reserve system does?
Set income tax rate at the federal level
Influence interest rates••
Decided who can open bank account
Give loans to bank customers
How might the government deal with a huge company that has no competitors and is charging customers high prices?
Break the company up into smaller competing firms
Fine the company based on its profits for given year
Force the company to pay taxes at a higher rate
Assign a government agent to observe the company's leadership ••
Set income tax rate at the federal level
Influence interest rates••
Decided who can open bank account
Give loans to bank customers
How might the government deal with a huge company that has no competitors and is charging customers high prices?
Break the company up into smaller competing firms
Fine the company based on its profits for given year
Force the company to pay taxes at a higher rate
Assign a government agent to observe the company's leadership ••
Answers
Ms. Sue
1 yes
2 no
2 no
2 A is that correct
Ms. Sue
Yes, 2. A.
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