The Federal Reserve's long standing tools includes
A. government spending policies.
B. labor regulations.
C. tax rate changes.
D. open market operations.
Answer: D
Economics
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Social Security benefits alone assure an adequate income for the elderly
Indicate whether the statement is true or false
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The form of economics most relevant to managerial decision-making within the firm is:
a. macroeconomics b. welfare economics c. free-enterprise economics d. microeconomics e. none of the above
Economics
The trade-off between unemployment and inflation is usually shown by the
a. supply curve and the demand curve. b. aggregate expenditure curve. c. production possibilities curve. d. Phillips curve.
Economics
Sometimes, the taxes with the smallest excess burden are:
a. progressive b. regressive c. proportional d. digressive
Economics