The Dodd-Frank legislation of 2010 permanently increased the federal deposit insurance to
A) $40,000.
B) $100,000.
C) $200,000.
D) $250,000.
D
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The government redistributes income to the poor, primarily through
A. regressive taxes and disability payments. B. transfer payments and progressive taxes. C. government purchases. D. higher wages.
Use the following graph of the demand for coffee to answer the question below.
Refer to the three demand curves for coffee and assume that coffee is a normal good. Which of the following would shift the demand for coffee from D1 to D2?
A. an increase in consumer incomes B. a decrease in the price of coffee C. an increase in the price of coffee D. a decrease in consumer incomes
Efficiency wages cause unemployment because
A) firms pay wages that are above the market wage, causing the quantity of labor demanded to be greater than the quantity of labor supplied. B) firms pay wages that are above the market wage, causing the quantity of labor demanded to be less than the quantity of labor supplied. C) firms pay wages that are below the market wage, causing the quantity of labor demanded to be less than the quantity of labor supplied. D) firms pay wages that are below the market wage, causing the quantity of labor demanded to be greater than the quantity of labor supplied.
An agency that regulates labor markets is the
A) Equal Employment Opportunity Commission. B) Environmental Protection Agency. C) Federal Trade Commission. D) Consumer Product Safety Commission.