Economists refer a to a market where buying and selling take place at prices that violate government price regulations as
A) a noncompetitive market. B) an outlaw market.
C) a black market. D) a restricted market.
C
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The Fed can control stock market purchases by adjusting the
a. discount rate b. legal reserve requirement c. margin requirement d. federal funds rate e. stock loan rate
Given that the demand for unskilled labor curve is downward-sloping, an unintended effect of raising the minimum wage is that some people who worked at the lower wage will lose their jobs at the higher wage
Indicate whether the statement is true or false
?When one randomly samples from a population, the total sample variation in xj decreases without bound as the sample size increases.
Answer the following statement true (T) or false (F)
In Keynes's view, an excess quantity of money supplied causes people to:
A. sell bonds and the interest rate rises. B. buy bonds and the interest rate falls. C. buy bonds and the interest rate rises. D. increase speculative balances.