Which of the following is likely to happen due to quantitative easing by the Fed?
A) A rightward shift of the demand curve for bank reserves
B) A leftward shift of the supply curve of bank reserves
C) A leftward shift of the demand curve for bank reserves
D) A rightward shift of the supply curve of bank reserves
D
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Use the figure below to answer the following question.
The figure above shows three supply curves for wheat. Which of the following would cause the quantity of wheat supplied to increase from point a to point b?
A. a tax on wheat production B. an increase in the price of wheat C. a decrease in the price of wheat D. a subsidy for wheat production
Refer to the figure above. Other things remaining the same, assume that the individual now has a higher opportunity cost of time. Which of the following statements is true in this context?
A) Optimization in levels will not lead to an efficient outcome. B) The cost curve will move u
Low-skill workers earn a lower wage than more experienced, higher skilled workers because the
a. low-skill workers lack the intelligence necessary to do any other form of work. b. low-skill workers were never given the opportunity to invest in human capital. c. supply of low-skill workers is large relative to the demand for workers in this skill category. d. low-skill workers are too lazy to search for other employment opportunities.
If the number of people employed rises by 180,000 and the number of people unemployed falls by 200,000 while the adult population stays the same, then the labor force participation rate rises
a. True b. False Indicate whether the statement is true or false