If Sally Smith creates VCU1 by playing an online game, the effect is to cause the nation's:

a. Monetary base to rise.
b. M2 money supply to rise.
c. M2 money multiplier to remain the same.
d. M2 money multiplier to rise.


.C

Economics

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If business cycles are caused by changes in aggregate supply, you would expect to see

a. prices and unemployment moving in the same direction. b. price and unemployment moving in opposite directions. c. prices not moving with unemployment. d. unemployment is not included in the Keynesian model.

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In 2002, a majority of black single parents had never been married

Indicate whether the statement is true or false

Economics

A falling average cost implies that

a. marginal cost is above average cost b. marginal cost is below average cost c. marginal cost is equal to average cost d. none of the above

Economics

Which of the following was not a major area addressed by the Dodd-Frank Bill (i.e., Wall Street Reform and Consumer Protection Act of 2010)

a. Ensuring that investment banks and others had "skin in the game" by restricting their ability to securitize 100% of their mortgage-backed loans. b. Reducing systemic threats to the U.S. financial system. c. Solving the "too big to fail" problem in the U.S. financial system. d. Improving credit rating agency performance and accountability. e. All of the above.

Economics