The principal mechanism for directly changing the reserves of the banking system is:
A. The discount rate.
B. The reserve requirement.
C. Open-market operations.
D. The federal funds rate.
C. Open-market operations.
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In the economic way of thinking, the right to coerce adults is
A) immoral. B) a property right. C) the most efficient way for management to control labor. D) necessarily antithetical to a free and open society. E) good because it's rooted in the Old Testament.
Suppose that the government reports the following information on violent crime in a certain area: there were 1100 incidents in the base year (2007) and 1155 incidents in 2008 . The person collecting these data wants to present them in the form of an index. What is the index for 2008?
a. 100.0 b. 110.0 c. 116.0 d. 105.0 e. 95.2
If there is a surplus in the market for loanable funds, the resulting change in the real interest rate
a. reduces both the quantity of loanable funds supplied and the quantity of loanable funds demanded. b. reduces the quantity of loanable funds supplied and raises the quantity of loanable funds demanded c. raises both the quantity of loanable funds supplied and the quantity of loanable funds demanded. d. raises the quantity of loanable funds supplied and reduces the quantity of loanable funds demanded.
Undesirable job features lead to a ________ labor ________.
A. lower; demand B. higher; demand C. lower; supply D. higher; supply