The Fed does not have to go through the normal congressional appropriations process because
A) its expenses are very small.
B) it was given enough funds at the time of its founding to provide for its expenses indefinitely.
C) it is self financing.
D) it is not part of the legislative branch of the federal government.
C
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When a group is discriminated against, its
A) wages fall but its employment does not. B) employment and its wages decrease. C) employment decreases but its wages do not. D) employment and its wages are unaffected.
Which of the following did not occur during the Industrial Revolution?
a. worker productivity increased b. factories became larger c. direct supervision of labor decreased d. division of labor increased e. fewer stages of production were organized in the household
The quantity demanded of money is
A) inversely related to the interest rate. B) directly related to the interest rate. C) inversely related to the general price level. D) inversely related to GDP. E) a, c, and d
Gross domestic product measured in terms of the prices of a fixed, or base, year is
A. current GDP. B. nominal GDP. C. base GDP. D. real GDP.