Which of the following is not a goal of the odd-Frank Act of 2010?
A. To promote competition
B. To reduce moral hazard
C. To end "too big to fail"
D. To anticipate and prevent financial crises by limiting systemic risk
Answer: A
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The market value of all domestically produced final goods and services are also equal to the total amount spent by ________ less spending on imported goods and services.
A. households, firms, and governments B. households, firms, and the foreign sector C. households, firms, governments, and the foreign sector D. households and firms
Which of the following ideas describes the concept of "utilitarianism"? I. Utilitarianism gained popularity in the 1930s. II. Utilitarians believed that a society should use only competitive markets to allocate resources. III
Utilitarians claimed that taking money from rich people and giving it to poorer people would make the economy more fair. A) III only B) II only C) I and II D) I, II and III
The effect on the level of income of a given increase in the money stock is
a. irrelevant to the interest elasticity of money demand. b. greater the lower the interest elasticity of money demand. c. greater the higher the interest elasticity of money demand. d. None of the above
Suppose that you are interested in estimating the average impact a job training program has on wages. However, you recognize that there are some observed factors that influence wage, participation on the training program, or both.You may still get the unbiased estimate for the program effectiveness by:
A. Excluding those observed factors from your model and running a simple linear regression
B. Including only the factors that predict wage but not participation as controls and running a multiple linear regression
C. Including only the factors that predict participation but not wage as controls and running a multiple linear regression
D. ?