The Federal Funds Market provides for day to day lending and borrowing among banks having excess reserves on account at the Fed
Indicate whether the statement is true or false
true
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The economy needs some unemployment to operate efficiently, because without it
A) workers will find it difficult to find a job, leading to reduced wages and prices. B) firms will find it difficult to recruit workers, leading to increased wages and prices. C) firms will find it difficult to recruit workers, leading to reduced wages and prices. D) workers will find it difficult to find a job, leading to increased wages and prices.
Which of the following is an invalid argument for protection?
A) redistribution of income B) infant industry protection C) preservation of the home market D) All of the above
Using the information in the table shown, the rate of inflation from 2008 to 2009 was:
A. 12.5 %.
B. 11.1 %.
C. 13 %.
D. 17 %.
Productivity growth is the main cause of rising living standards
a. True b. False Indicate whether the statement is true or false