The official dating of recessions is done by
A. the Secretary of the Treasury.
B. the National Bureau of Economic Research.
C. the Government Accounting Office.
D. the Council of Economic Advisors.
Answer: B
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Which of the following is NOT a form of a short-term loan in the shadow banking system?
A) repurchase agreements B) commercial paper C) money market mutual fund shares D) bank deposits
Which statement about the economic impact of immigration is true?
a. State and local governments bear most of the costs of immigration. b. The federal budget pays the costs associated with educating immigrants. c. Immigration tends to have a positive effect on state and local budgets. d. Immigration tends to have a negative effect on the federal budget.
On this chapter quiz for this course you can study for up to four hours. If you don't study at all you will get a 70. One hour would give you an 80, the second hour increased your score to 89, the third to 92. If you studied the fourth hour your score would be 87. In which hour did diminishing returns set in?
A. The first because the score was the lowest of the studying options. B. The second because your gain is less than the previous hour. C. The third because your score peaked there. D. The fourth because you had a drop in points in this hour.
_____ income will be effected if the change in the price level differs from the change in a person's nominal income
Fill in the blank(s) with the appropriate word(s).