Which of the following is not a reason for low savings in poor households:
a. low income
b. unstable income
c. irrational spending patterns
d. unfamiliarity with in financial institutions
e. all are good reasons for low savings
C
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The CPI for 2012 was 121, and for 2013 it was 132. What was the inflation rate between 2012 and 2013?
A) 9.09 percent B) 11 percent C) 10 percent D) 8.3 percent E) 121.0 percent
In the figure above, with no government involvement and if the colleges are competitive, what is the tuition?
A) $10,000 per year B) $14,000 per year C) $8,000 per year D) $16,000 per year
The Soviet Union's economic growth rate slowed despite rapid increases in capital per hour worked
Indicate whether the statement is true or false
The Fed has attempted to solve the problems of being unable to directly control the variables that determine economic performance and the timing lags in observing and reacting to economic fluctuations by
A) pressing Congress for legislation which would expand its powers. B) using targets to meet its goals. C) abandoning some goals in order to achieve others. D) devising new monetary policy tools.