Over ninety-five percent of all new businesses that open each year in the United States employ ________ workers
A) only one or two B) fewer than 20 C) 50 or more D) over 100
B
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Before 2008, money market mutual funds and hedge funds had been out of Fed's scope and control because they did not rely on customer deposits
a. True b. False Indicate whether the statement is true or false
In an efficient market, deadweight loss is ____
a. maximum. b. minimum. c. constant. d. zero.
Which of the following best explains why the long-term interest rate will generally change by less than 1% when the short-term interest rate changes by 1%?
A) The mathematical calculations are more difficult for analysts in the case of long-term bonds. B) Long-term rates are always lower than short-term rates, so there is less room for them to change. C) Financial market participants will not expect this increase in the short-term interest rate to persist fully in the future. D) Financial markets are often affected by bubbles and fads. E) none of the above
The stimulus package proposed in 2009 by newly-elected President Obama included
A. rapid contraction of the overall size of the federal government as a share of GDP. B. a combination of tax changes and significant increases in federal government spending. C. reduced levels of federal government aid to state and local governments. D. reduced income tax rates for high-income individuals.