If Sam does not have a job and is NOT currently looking for work but has looked in the past, he is considered
A) unemployed. B) not in the labor force.
C) unemployed and in the labor force. D) unemployed and not in the labor force.
B
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The money multiplier is used to determine how much the
A) quantity of money increases when the monetary base increases. B) monetary base increases when the quantity of money increases. C) monetary base increases when the Fed purchases government securities. D) monetary base increases when the Fed sells government securities. E) quantity of money increases when the required reserve ratio increases.
If you believe your competitor is falsely advertising its product, you can sue your competitor for marketplace damages under the ________.
A) Greenwashing Act B) Lanham Act C) Credence Good Act D) Federal Trade Commission's (FTC) Act
Small economies like Sweden tend to have which of the following ratios of exports and imports to GDP?
a. lower b. higher c. balanced d. either lower or higher
Which of the following is the best definition of openness?
a. The average of imports expressed as a share of GDP. b. The average of goods traded in markets expressed as a share of GDP. c. The average of imports and exports expressed as a share of GDP. d. The average trade balance expressed as a share of GDP. e. The average of exports expressed as a share of GDP.