The sum of payments made for all types of products produced in the economy is referred to as national income
Indicate whether the statement is true or false
F
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If the Fed buys government securities from the non-bank public, then
A) reserves at banks decrease. B) deposits at banks increase and banks' reserves increase. C) deposits at banks increase and banks' reserves decrease. D) loans at banks decrease. E) deposits at banks decrease and banks' reserves increase.
What distinguishes nudge policies from push policies?
A. Nudges affect incentives, whereas pushes do not. B. Nudges are libertarian, whereas pushes are not. C. Nudges are implemented by the government; pushes are implemented by firms. D. Nudges affect choices, whereas pushes do not
During recessions, government expenditure automatically
a. falls because of programs such as unemployment insurance and Medicare. b. rises because of programs such as unemployment insurance and Medicare. c. falls because of the progressive income tax system. d. rises because of the progressive income tax system.
The Consumer Price Index is a fixed-weight index.
Answer the following statement true (T) or false (F)