In trying to control the size of the money stock from day to day, the Fed relies principally on
A) adjustments in legal reserve requirements.
B) changes in the central bank discount rate.
C) purchases and sales of U.S. government bonds.
D) the issue and withdrawal of currency from commercial banks.
C
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Most nations that split from the USSR saw their incomes increase over the next several years after USSR's collapse
Indicate whether the statement is true or false
Refer to above Table 2-2. What are the constant-dollar expenditures in years 1 and 2 at fixed year 1 prices?
A) $5.00, $7.80 B) $14.00, $14.60 C) $18.00, $18.60 D) $9.00, $10.80
Two taxes that have consumption as a tax base are ____ taxes and _____ taxes
a. income; general sales b. general sales; valued-added c. excise; income d. estate; retail sales
Why does increasing employment not necessarily increase living standards?
a. Productivity always increases as employment increases. b. Living standards and employment are always positively related. c. Increasing employment may not be accompanied by higher real wages d. There is no upper limit to labor force participation. e. Real wages are not adjusted for inflation.