The Dodd-Frank Act removed which group from decisions regarding the presidents of Federal Reserve Banks?
A) Class A directors
B) Class B directors
C) Class C directors
D) Board of Governors
A
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Each person who is 16 years or older is considered to be in one of the following categories:
A. part-time worker, full-time worker, or unemployed. B. employed, unemployed, or discouraged worker. C. part-time worker, full-time worker, or out of the labor force. D. employed, unemployed, or out of the labor force.
Which of the following groups believes that government policy is undermined by people's incorporation of the anticipated consequences of the policy into their present decisions?
a. Classical school. b. Keynesian school. c. Neo-Keynesian school. d. Rational expectations school. e. Supply-side school.
If the cross-price elasticity of demand for two goods is 1.25, then
a. the two goods are luxuries. b. the two goods are substitutes. c. one of the goods is normal and the other good is inferior. d. the demand for one of the goods conforms to the law of demand, but the demand for the other good violates the law of demand.
When the consumer has found the best affordable bundle of goods:
A. the area above the indifference curve that runs through the consumer's best bundle does not overlap with the area below the budget line. B. the area above the indifference curve that runs through the consumer's best bundle does not overlap with the area above the budget line. C. the area above the indifference curve that runs through the consumer's best bundle should overlap with the area below the budget line. D. the area above the indifference curve that runs through any bundle other than the consumer's best bundle does not overlap with the area below the budget line.