The first two numbers of the ABA code listed on the check designate:
A. the account number
B. the routing number
C. the Federal Reserve District
D. the code indicating the business or personal account
Answer: C. the Federal Reserve District
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What is the definition of the unemployment rate? How are part-time workers and discouraged workers treated when calculating the unemployment rate?
What will be an ideal response?
How does government support of health and education programs foster economic growth?
What will be an ideal response?
At the peak of a business cycle, employment and GDP are
a. at their lowest b. at their highest c. rising d. falling e. it is impossible to state for certain what is happening to employment and GDP
A tax cut shifts aggregate demand
a. by more than the amount of the tax cut. b. by the same amount as the tax cut. c. by less than the tax cut. d. None of the above is necessarily correct.