Related to the Economics in Practice on page 707: Which of the following is not one of the MDG concerns?
A. stunting
B. investment opportunities for the poor
C. gender equality
D. hunger
Answer: B
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Based on the model of the money market, if the Federal Reserve increases the reserve requirement, the equilibrium interest rate should
A) stay the same. B) increase. C) decrease. D) increase to the same extent that the demand for money increases.
In the 1990s, business organizations were
A) flattened. B) turned inside out. C) formed into horizontal structures. D) all of these choices.
Since the 1960's, consumer spending in the U.S. has been approximately ________ percent of disposable income, whereas saving has been approximately ________ percent of disposable income
a. 30; 70 b. 50; 50 c. 65; 35 d. 90; 10
Transfer payments are the ______ and the ______ growing category of federal spending.
a. smallest; slowest b. smallest; most consistently c. largest; most erratically d. largest; fastest