The Federal Reserve System has 12:
A. regional banks.
B. basic functions.
C. members on its Board of Governors.
D. member banks.
Answer: A
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Fill in the blank: Other things constant, the growing availability of college degrees being offered through online programs will tend to ________ the price elasticity of demand for more traditional college degree programs
A) leave unchanged B) decrease C) increase D) alter for the better
Which of the following changes shifts the long-run aggregate supply curve to the right?
A) A demographic change that increases the labor supply B) A decrease in the demand for labor C) An increase in consumer confidence D) A decrease in taxes (assuming Ricardian equivalence doesn't hold)
The non-activists believe that
A) the government has been a stabilizing force in the economy. B) much of the existing unemployment voluntary. C) the velocity of money is unstable. D) policymakers are able to accurately forecast the future effect of current policy actions.
Which of the following types of unions did the CIO promote?
A) craft unions B) public sector unions C) industrial unions D) military unions