The unemployment rate in the United States is typically lower than in Western Europe because the United States has tougher requirements for the unemployed to receive government payments
Indicate whether the statement is true or false
TRUE
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A federal system consists of one level of government to provide public goods and services.
A. True B. False C. Uncertain
According to Classical economists, investment is __________ related to the __________
A) directly; interest rate B) directly; level of GDP C) inversely; interest rate D) inversely; level of GDP
What are the major types of transactions or activities that result in an increase in the demand for foreign currency (in exchange for U.S. dollars) in the spot foreign exchange market?
What will be an ideal response?
During the financial crisis of 2007-2009 in the United States it was revealed that the function of a lender of last resort had not kept pace with the evolving financial system because:
A. banks had become sufficiently diversified so as to be able to provide for their own liquidity. B. banks were sufficiently linked to one another that the need for a lender of last resort had diminished. C. shadow banks lacked access to the financial resources available through the lender of last resort. D. financial intermediaries had grown sufficiently large so as not to need a lender of last resort.