The employer is responsible for managing funds in an employee's defined contribution pension plan
Indicate whether the statement is true or false
F Employees choose investments and manage funds in defined contribution pension plans.
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What do Baack and Ray (1983) find in their survey of U.S. tariff history?
(a) Tariff rates in the U.S. were low. (b) Tariff cuts were associated with the fast-growing industries. (c) The highest tariff rates in the U.S. were associated with the fastest growing industries. (d) The U.S. was a world leader in free trade policy.
In the United States, when the outflow of dollars to pay for our imports of goods from Japan exceeds the inflow of dollars earned by our exports to Japan, typically
a. the dollar appreciates b. the United States can buy back some of its assets that are held by the Japanese c. this is merely a statistical discrepancy because the trade with Japan (exports and imports) must net out to zero d. the United States can use its reserves of yen to cover the difference e. the Japanese can borrow the needed dollars through the foreign exchange market
To increase the money supply using the reserve requirements, what would the Fed typically do?
A. increase the reserve requirement for banks B. reduce the reserve requirement for banks C. make each bank set its own reserve levels D. let each bank get more currency from the Treasury
If in the long run, imports are paid for by exports, then
A. any restriction of imports ultimately reduces exports. B. any restriction of imports ultimately expands exports. C. any restriction of exports has no impact on imports. D. any restriction of imports has no impact on exports.