The Federal Reserve Bank of 1914 permitted the Fed to compete with banks for profits
Indicate whether the statement is true or false
False
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Which of the following statements is true?
A) Firm-specific training results in losses to a worker. B) Firm-specific training results in losses to a worker's employer. C) A worker is more likely to pay for firm-specific training than for general training. D) A worker is more likely to pay for general training than for firm-specific training.
The response of investment spending to an increase in the government budget deficit is called
A) private dissaving. B) expansionary investment. C) income minus net taxes. D) crowding out. Figure 21-5
Which of the following is NOT a reason why economists are interested in understanding consumer behavior?
A. Economists are often called upon to evaluate public policies that impact the well-being of consumers. B. It is important for businesses to be able to accurately predict consumers' choices. C. Economists want to understand the conditions under which trade will take place. D. Economists want to predict the value of a company's stock.
Suppose the consumption equation is represented by the following: C = 250 + .75YD. Given this information, the marginal propensity to save is
A) .25. B) .7. C) 1. D) 4. E) none of the above