The unemployment rate in the United States is usually? ________ than the unemployment rates in most other? high-income countries, partly because the United States has? _________ requirements for the unemployed to receive government payments.
What will be an ideal response?
lower; more stringent
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The problem of currency mismatch of net external wealth can be mitigated by:
A) ensuring the creditor countries always denominate loans in U.S. dollars. B) promoting internal financial markets where foreign securities can be traded. C) restricting borrowing yet encouraging lending. D) piling up large stocks of foreign currency assets in central bank reserves and sovereign wealth funds.
The Monetary Control Act of 1980 extended the Fed's authority to:
A. impose required-reserve ratios on all depository institutions. B. control the discount rate. C. control the federal funds rate. D. carry out a massive federal bailout of failed savings and loan institutions.
Government-sponsored goods are those goods
A. that have lower than average negative externality. B. that society views desirable through the political process. C. that only low-income individuals consume. D. that companies give away as promotional prizes.
When a tariff supporter argues that foreign producers are selling their products for prices below the costs of production, which of the following is being used?
A) Save domestic jobs argument B) National security argument C) Dumping argument D) Infant-industry argument E) Diversity and stability argument