Which of the following can banks use to borrow from the Federal Reserve?
a. the discount window or the term auction facility
b. the discount window but not the term auction facility
c. the term auction facility but not the discount window
d. Banks cannot borrow from the Federal Reserve, only the government can.
a
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What does a production possibility frontier represent?
What will be an ideal response?
A decrease in matching efficiency
A) can never happen. B) is due to a change in the productivity of firms. C) is not related to sectoral shocks. D) can explain the shift in the Beveridge curve.
Which of the following would increase the demand for labor? (i) a decrease in the output price (ii) an increase in the output price (iii) a labor-saving technological advance (iv) a labor-augmenting technological advance
a. (i) only b. (i) and (iii) only c. (ii) only d. (ii) and (iv) only
The average tax rate faced by an individual is the ________
A) total tax paid by her divided by the total income earned B) total revenue received by the government divided by the number of taxpayers C) percentage of the last dollar earned that a household pays as a tax D) difference between the highest tax rate and the lowest tax rate