Within the U.S. population, women of prime working age (ages 25-54) have higher rates of unemployment than men of prime working age (ages 25-54), regardless of race
a. True
b. False
Indicate whether the statement is true or false
False
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Because S&Ls were FSLIC insured, they
a. were less encouraged to make risky investments b. were less likely to make questionable loans c. could not venture into speculative land deals d. were less inclined to be cautious about the quality of the loans they made e. were safer than with the FDIC
Assuming the interest rate is 6 percent, which of the following has the greatest present value?
a. $300 paid in two years b. $150 paid in one year plus $140 paid in two years c. $100 paid today plus $100 paid in one year plus $100 paid in two years d. $285 today
Which of the following statements about crowding out is false?
A. It is not caused by a budget surplus. B. It is caused by a budget deficit. C. It can completely offset the multiplier. D. It affects interest rates and not economic growth.
Moving between two points on a PPF, a country gains 6 automobiles and forgoes 3 trucks. The opportunity cost of 1 automobile is
A) 2 trucks. B) 1 automobile. C) 1/2 of a truck. D) 3 trucks. E) 6 automobiles - 3 trucks.