Which of the following groups typically has the highest unemployment rate?
A. Black adults.
B. White adult females.
C. White teenagers.
D. Black teenagers.
Answer: D
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In the 1979-82 period, the Fed pursued a monetary policy which targeted the growth rate of the money supply. Given the effects of financial deregulation on money demand you would expect, ceteris paribus,
A) stable interest rates. B) volatile interest rates. C) a constant interest rate. D) slow growth in interest rates.
Free-riding by online retailers results in a(n) ________ amount of product-specific services, which ________ harm the manufacturer.
A) optimal; does B) sub-optimal; does C) sub-optimal; does not D) optimal; does not
The money rate of interest that lenders pay for borrowed funds minus the real rate of interest equals the
a. nominal rate of interest. b. present value of an asset. c. inflationary premium. d. productivity of capital.
The production possibilities curve shows:
A. the maximum amount of one good that can be produced for every possible production level of the other good. B. how increasing the resources used to produce one good increases the production of the other good. C. how increasing the production of one good allows production of the other good to also rise. D. the minimum amount of one good that can be produced for every possible production level of the other good.