The global financial crisis that started in 2008 has reestablished the continuing relevance of the IMF
Indicate whether the statement is true or false
TRUE
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Whatever a society uses as money, the distinguishing characteristic is that it must
A) be completely inflation proof. B) be generally acceptable as payment for goods and services or in the repayment of debt. C) contain gold. D) be produced by the government.
The federal government relies most heavily on which source of revenue?
a. individual income taxes b. corporate income taxes c. social insurance payroll taxes d. excise taxes
Unemployment data are collected
a. from unemployment insurance claims. b. through a regular survey of about 60,000 households. c. through a regular survey of about 200,000 firms. d. All of the above are correct.
A grocery store hires cashiers and baggers. Cashiers earn $8 an hour; baggers earn $4 an hour. The manager, who wants to maximize the number of customers served given a fixed payroll, expects the following productivity from cashiers and baggers: Given the above information, with a payroll of $32 (per hour), how should the manager allocate this budget?
A. Hire three cashiers and two baggers B. Hire four cashiers and one bagger C. Hire two cashiers and four baggers D. Hire two cashiers and three baggers