Which of the following would be most appropriate if the Federal Reserve wanted to increase the money supply in order to stimulate the economy?
A. Buy U.S. government securities.
B. Force the Treasury to reduce the national debt.
C. Raise the discount rate.
D. Increase the reserve requirements.
Answer: A
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Discuss the key criteria for success and the advantages of a central bank adopting the framework of inflation targeting.
What will be an ideal response?
Labor unions in the United States today
A. look to protect the interests of the employers of labor. B. are as influential as they were in the 1950s. C. are much more popular among immigrant workers than among native workers. D. tend to be less influential compared to labor unions in other developed countries. E. cover the same percent of workers as they did in years past.
Which of the following does not describe the historical patterns of unionization and strike activity in the United States?
A. Union membership did not change very much from 1900 to 1935. B. The percent of public sector employees who are in a union remained relatively constant from 1950 to 2010. C. The percent of workers involved in a strike has steadily decreased over the last 40 years. D. The percent of time lost to a strike has steadily decreased over the last 40 years. E. The percent of private sector employees who are in a union has steadily decreased over the last 40 years.
The median voter votes yes for a project if
A) the value of the project for him is larger than the tax he needs to pay. B) the value of the project for him is smaller than the tax he needs to pay. C) the total benefits are positive. D) the total cost is zero.