The academic ability of students studying to be teachers has
A. increased markedly in recent years.
B. remained roughly the same in time.
C. decreased markedly, particularly among women, in recent years.
D. decreased markedly, particularly among men, in recent years.
Answer: C
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The term "direct relationship" means the same as
A) correlation. B) trend. C) positive relationship. D) negative relationship.
If the Federal Reserve eliminated all reserve requirements the most likely result would be
A) a large number of depository institution failures because they would not have enough liquidity. B) the Federal reserve would be unable to control the money supply. C) banks would no longer be able to clear checks at the Federal Reserve because there would be no required reserves. D) the size of the money multiplier might fluctuate considerably making the Federal Reserve's job of controlling the money supply more difficult.
It is the responsibility of the Trading Desk at the Federal Reserve Bank of New York to implement policies in the form of
A) changes in the spread between the federal funds rate and the discount rate that are consistent with rules established by the twelve Federal Reserve bank presidents. B) variations in reserve requirements that are consistent with the announcements by the Chair of the Fed's Board of Governors. C) changes in foreign exchange rates that are consistent with policies established by the Secretary of the Treasury. D) buying or selling government securities that are consistent with the FOMC Directive.
Information gathering for a moral hazard problem happens
a. Before the agent is hired b. After the agent is hired c. After the agent is fired d. None of the above