When people stop looking for work, because they feel they didn't have a chance of finding on, they're called:
A. underemployed.
B. structural unemployment.
C. discouraged workers.
D. unemployed.
Answer: C
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If the Federal Reserve wishes to increase the money supply by $30,000 and the reserve requirement ratio is 0.4, how big a purchase of bonds will the Fed need to make?
a. $75,000 b. $12,000 c. $1,000 d. $30,000 e. $3,000
Spending VCU4 on real-world goods and services causes the nation's:
a. Monetary base to remain the same. b. M2 money supply to fall. c. M2 money multiplier to fall. d. M2 money supply to rise.
If the price elasticity of demand for football tickets is estimated to be 4.5, then a 10 percent increase in football ticket prices would be expected to cause a:
A. 4.5 percent decrease in quantity demanded. B. 4.5 percent increase in quantity demanded. C. 45 percent decrease in quantity demanded. D. 45 percent increase in quantity demanded.
The criterion introduced by the Supreme Court in 1911 to determine whether a particular action was illegal or legal within the terms of the ________ is called the Rule of Reason.
A. The Humphrey-Hawkins Act B. Sherman Antitrust Act C. Clayton Act D. Federal Trade Commission Act