To keep the U.S. dollar from depreciating against the euro, the U.S. Federal Reserve must:
a. buy euros and sell U.S. dollars.
b. buy both euros and U.S. dollars.
c. sell euros and buy U.S. dollars.
d. sell both euros and U.S. dollars.
e. buy U.S. government bonds
c
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Since the Civil War, the poorest section of the country has been the __________.
Fill in the blank(s) with the appropriate word(s).
The above table gives data for the nation of Mojo. At what level of real GDP is the economy at equilibrium expenditure?
A) $3.0 trillion B) $9.0 trillion C) more than $12.0 trillion. D) $6.0 trillion E) $12.0 trillion
The smaller the fraction of an investment financed by borrowing,
A) the smaller the potential return and the greater the potential loss on that investment. B) the greater the potential return and potential loss on that investment. C) the greater the potential return and the smaller the potential loss on that investment. D) the smaller the potential return and potential loss on that investment.
The unemployment rate equals the number of unemployed divided by the ________, all times 100
A) labor force B) total population C) number of employed D) working-age population