Open market operations is a tool the Fed uses to effect the federal funds rate
Indicate whether the statement is true or false
True
You might also like to view...
The real wage is the wage:
A. measured in current dollars. B. employers are required to pay workers. C. required to maintain a minimum standard of living. D. measured in terms of purchasing power.
Vertical-equity is most closely associated with which of the following goals or principles?
A) the horizontal-equity principle B) the goal of attaining social objectives C) the goal of economic efficiency D) the ability-to-pay principle
Suppose each worker must use only one shovel to dig a trench, and shovels are useless by themselves. In the short run, an increase in the price of shovels will result in
A) fewer shovels being purchased. B) more workers being hired. C) a decrease in the firm's output. D) no change in the firm's output.
The "labor-force participation rate":
a. Equals the number of people employed divided by the number of people employed and unemployed. b. Equals the number of people unemployed and actively seeking work divided by the non-institutional population over 16 years of age. c. Is ironically very similar from one country to another. d. Equals the number of people employed and unemployed (and actively seeking work) divided by the non-institutional population over 16 years of age and varies from country to country due to economic incentives, cultural backgrounds, expectations, and religious beliefs. e. None of the above is correct.1.The labor force: a. Is made up of individuals who are employed, individuals without a job and actively seeking work, and individuals without a job and not actively seeking work. b. Is made up of individuals who are employed and individuals without a job and actively seeking work. c. Is basically the same as a nation's non-institutional population over 16 years of age. d. Rises with each new birth.