The Federal Reserve System is the
A) insurance agency the insures deposits.
B) central bank of the United States.
C) law enforcement agency that tracks counterfeit money.
D) federal government agency that undertakes deregulation for depository institutions.
B
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Based on the graph showing the type of health insurance and coverage status in the United States in 2016, about ______ percent of people have no coverage at all.
a. 9
b. 25
c. 48
d. 75
Adverse supply shocks can cause a recession with increasing price level
Indicate whether the statement is true or false
When interest rates are free from central bank manipulation, and fall due to an increase in household savings, this
A) provides an incentive for government to create a budget surplus. B) sends a "green light" signal for businesses to increase investment. C) has little impact on the macroeconomy. D) creates a "cluster of errors" and an inevitable recession.
Which of the following explains why supply curves slope upward?
A) prices and income B) increasing marginal cost C) resources and technology D) substitutes in production and complements in production