The government uses ________ to regulate the amount of money banks lend.
A. monetary policy
B. banking policy
C. fiscal policy
D. tax cuts
Answer: A
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The unemployment rate in the United States at the peak of the Great Depression was ________ percent.
A. 20 B. 10 C. 25 D. 5
Suppose that over a period of years the country of Quasiland switched from being an agriculturally-based economy to a technologically-based economy. As a result, many people lost jobs because they lacked the correct skills
As they search for new jobs, these people are part of A) frictional unemployment. B) structural unemployment. C) cyclical unemployment. D) discouraged workers.
The decisions General Motors makes in determining production levels for its Chevy Volt is an example of a microeconomics topic
Indicate whether the statement is true or false
Perfect competition is characterized by all of the following EXCEPT
a. a large number of buyers and sellers. b. identical products. c. sellers acting together to set prices. d. well-informed buyers and sellers.