A spending shock is a change in spending that ultimately affects the entire economy
a. True
b. False
A
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The Federal Home Loan Bank Board and the FSLIC, both of which failed in their regulatory tasks, were abolished by the
A) Competitive Equality Banking Act of 1987. B) Financial Institutions Reform, Recovery and Enforcement Act of 1989. C) Office of Thrift Supervision. D) Office of the Comptroller of the Currency.
Goldin (2001) refers to the 20th century as the "human capital" century and credits education for the rise in overall income
Indicate whether the statement is true or false
Having a government agency certify bond rating agencies may not be desirable
Indicate whether the statement is true or false
Which of the following does the country of Fuggedaboutit not have to be concerned about?
a. choosing a system of resource ownership b. allocating resources c. earning a profit for its owners d. providing individual incentives e. answering the three economic questions