Which of the following is often described as the most powerful person in the U.S. economy?
A. The president of the United States.
B. The Speaker of the House of Representatives.
C. The chairman of the House Ways and Means Committee.
D. The chairman of the Federal Reserve.
D. The chairman of the Federal Reserve.
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In the figure above, at which point (a, b, or c) along the linear demand curve illustrated would demand be
a) most elastic? b) most inelastic?
Those who generally have low willingness to take on risk are said to be:
A. risk-seekers. B. risk-averse. C. low-risk players. D. high-compensation players.
Net capital outflow measures how many capital goods are:
A. exported minus how many are imported to a country. B. imported from a country. C. exported from a country. D. imported to a country minus exported from a country.
A worldwide slowdown in productivity growth occurred:
A. in the 1970s and 1980s. B. in the 1950s and 1960s. C. before 1950. D. in the 1960s and 1970s.