Examlex
Which of the following is a liability of the Federal Reserve?
Patent
Guarantee to an inventor exclusive rights to an invention for 17 years.
Economic System
The organized way a country allocates its resources and distributes goods and services to its citizens, including capitalism, socialism, and communism.
Major Industries
Key sectors of the economy which are significant in terms of their output, employment, or revenue generation.
Private Ownership
refers to properties or businesses owned by individuals or corporations rather than by the government or the public sector.
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