The chairman of the Board of Governors of the Fed is designated by ____________________ to serve a _______ year term as chairman
A) the President; four
B) Congress; fourteen
C) the President; twelve
D) Congress; four
A
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All the following nations except ________ have recently utilized export-led growth policies
A) Hong Kong B) South Korea C) Argentina D) Singapore E) Taiwan
If the reserve ratio is 20 percent, then the money multiplier is approximated to be:
A. 20. B. 5. C. 10. D. 2.
A professional baseball game is
a. rival and exclusive, and therefore is a public good b. rival and exclusive, and therefore is a private good c. exclusive, but since it is nonrival, it is a public good d. nonrival and nonexclusive, and therefore is a public good e. nonrival and nonexclusive, and therefore is a private good
The idea that the interaction of the multiplier and accelerator alone generates business cycles is ascribed to
a. external cycle theorists b. housing cycle theorists c. innovation theorists d. real business cycle theorists e. internal cycle theorists