Which one of these is not an economic function of the federal government?
A. redistribution of income
B. stabilization
C. economic regulation
D. All are economic functions of the federal government.
D. All are economic functions of the federal government.
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The current account does not include which of the following?
A) U.S. holdings of foreign assets B) net transfers C) net exports D) net investment income
Since the Social Security system began in 1935, the number of workers per retiree has
A) continually declined. B) stayed roughly the same. C) continually risen. D) risen and declined with different generations.
Business success is largely dependent on
A) being a first mover. B) quality products. C) dynamic management. D) a global focus. E) many different things.
In order to consider the equation of exchange an economic model, what must we assume?
A. Real GDP is a constant value. B. Changes in GDP cause changes in the money supply. C. The money supply is constant. D. Changes in velocity are small and predictable.