Which of the following is likely to increase the supply of labor?
a. a decrease in the population
b. a relaxation of restrictions on immigration
c. a decrease in fringe benefits
d. an increase in the value placed on leisure
b
You might also like to view...
"If the currency drain ratio increases, the monetary base decreases." Explain whether the previous statement is correct or incorrect
What will be an ideal response?
Critics of advertising make which of the following claims about advertising? i. It often creates "needs" for trivial products. ii. It manipulates people's tastes. iii. It uses scarce resources and raises costs
a. (i) and (ii) only b. (i) only c. (ii) only d. (i), (ii), and (iii)
Answer the following statements true (T) or false (F)
1. More than 50 percent of commercial banks in the United States belong to the Federal Reserve System. 2. If the Fed desires to increase check able deposits, it may lower the reserve requirement. 3. If the Fed desires to expand the money supply, it will raise the discount rate. 4. By buying government securities, the Federal Open Market Committee adds to member banks’ reserves. 5. The greater the level of excess reserves, the lower the Federal Funds rate will be.
One of the board members is appointed to a __ year, renewable term as the chairman
A. 6 B. 4 C. 7