That several hundred S&Ls were not even examined once in the period January 1984 through June 1986 can be explained by
A) Congress's unwillingness to allocate the necessary funds to thrift regulators.
B) regulators' reluctance to find the specific problem thrifts that they knew existed.
C) slower growth in lending meant that less regulation was needed.
D) Congress's unwillingness to listen to campaign contributors.
A
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If you have trouble finding a job because of a slowdown in the overall economy, we would say that you are
A) cyclically unemployed. B) frictionally unemployed. C) seasonally unemployed. D) structurally unemployed.
The paradox of thrift refers to the idea that
A. people who save are usually those who cannot afford it. B. as people become more thrifty, incomes may fall. C. the thrift industry (banks and savings and loans) wants some people to save so that others may borrow. D. saving is necessary for economic development.
An increase in wealth would cause the IS curve to
A) shift up and to the right. B) shift down and to the left. C) remain unchanged. D) shift up and to the right only if people face borrowing constraints.
During a period of economic expansion, we would expect increasing levels of employment
a. True b. False Indicate whether the statement is true or false