Government actions designed to affect the performance of the economy as a whole are called ________ policies.
A. macroeconomic
B. social
C. microeconomic
D. global
Answer: A
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Since 1980, ________ are subject to reserve requirements
A) only commercial banks B) only the member institutions of the Federal Reserve C) only nationally chartered depository institutions D) all depository institutions
There are good summary measures of how large and how important differences are in black and white educational facilities
Indicate whether the statement is true or false
In Figure 32.1, at the supported price-quantity combination where production is limited, the money consumers pay producers is 
A. 0HCQ*. B. 0ABQD. C. 0P*CQ*. D. 0PfloorBQD.
Elinor Ostrom won the 2009 Nobel Prize in economics for her research showing:
A. government provision of public goods is the most efficient solution to the tragedy of the commons problem. B. social norms can sometimes be powerful enough for commonly held property to be managed extremely well. C. that privatization of public goods is the most effective solution to market failure associated with commonly held property. D. social norms are not an effective solution for the management of commonly held property.