The WTO encourages nations to take unilateral action on trade issues, including issues involving environmental protection
Indicate whether the statement is true or false
FALSE
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Personal income includes: a. income received in the form of transfer payments. b. wages and salaries
c. interest earnings on bonds. d. all of the above.
The chair of the Board of Governors of the Federal Reserve is
a. appointed by the U.S. president. b. elected by the twelve Federal Reserve Banks. c. elected by member banks. d. appointed by Congress.
In the United States, monetary policy is the responsibility of the Federal Reserve Board of Governors and the Federal Open Market Committee
a. True b. False Indicate whether the statement is true or false
Workers are generally in a better position to protect themselves from inflation in comparison to retired persons because workers' incomes
a. are more likely to be fixed. b. are more likely to be variable. c. always rise during inflation. d. are guaranteed by the federal government.