Which of the following would most likely induce the Federal Reserve to conduct expansionary monetary policy? A significant decrease in

A) business taxes. B) oil prices.
C) investment spending. D) income tax rates.


C

Economics

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Sandra has been working as a software engineer for five years and Jack has been working as a software engineer for two years. Which of the following statements is true of Sandra and Jack?

A) Sandra is likely to earn lower wages than Jack. B) Sandra is likely to earn the same wage as Jack. C) Sandra is likely to be more productive at work than Jack. D) Sandra is likely to be equally productivity at work as Jack.

Economics

John started going for soccer matches after moving in with a roommate who is a huge fan of soccer. This is an example of a(n) ________

A) moral hazard B) adverse selection C) peer effect D) pecuniary externality

Economics

The program that was created to provide rebates of Social Security taxes to low-income workers is

A) Supplemental Security Income. B) food stamps. C) Earned Income Tax Credit program. D) TANF.

Economics

Which of the following characteristics does not contribute to the identification of specific market structures?

a. number of firms b. ease or difficulty of entry c. complementarity of goods d. control over price e. substitutability of goods

Economics