Any adult who does not have a job is counted as unemployed
a. True
b. False
Indicate whether the statement is true or false
False
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The figure above shows an education market in which the government is providing households with vouchers. Excluding the voucher, what do the students pay the schools?
A) $4,000 B) $8,000 C) $12,000 D) $16,000 E) $0
If the Fed buys a T-bill from a commercial bank, how will it pay for the T-bill?
a. It will give the bank new reserves. b. It will write the bank a check. c. It will transfer cash to the bank's vault. d. It will take reserves from another bank.
This graph demonstrates the domestic demand and supply for a good, as well as the world price for that good.
According to the graph shown, if this economy were to open to trade, surplus would do all of the following except:
A. transfer from producer to consumer. B. increase overall. C. decrease for the producer. D. create deadweight loss of CEFG.
“Near monies” are
A. stocks, bonds, and real estate. B. U.S. notes and Federal Reserve notes. C. included in the M1 definition of the money supply. D. liquid assets that are close substitutes for money. E. All of these responses are correct.