The FDIC helps prevent
A. risky behavior on the part of bankers.
B. bank runs.
C. inflation.
D. risky behavior on the part of depositors.
Answer: B
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Contrary to popular belief, U.S. productivity growth did not actually improve in the mid 1990s despite the massive growth in technological innovation
a. True b. False Indicate whether the statement is true or false
Suppose the nominal interest rate charged is 5 percent and the expected inflation rate is 2 percent. Which of the following is the expected real interest rate?
a. 2 percent b. 5 percent c. 7 percent d. -3 percent e. 3 percent
In response to the climate change issue, President Obama
a. pledged to reduce the nation’s GHG emissions by 17 percent below 2005 levels by 2020 b. has vetoed all environmental bills that do not include a cap-and-trade program c. implemented a national carbon tax effective in 2012 d. committed the United States to participating in the EU ETS, starting in 2012
Some degree of unemployment is __________ in a complex economy
Fill in the blank(s) with correct word