Most decisions about implementing monetary policy are made by the:
A. president and Congress.
B. chairman of the Fed only.
C. president.
D. Federal Open Market Committee.
Answer: D
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According to the U.S. population surveys conducted by the census, since 1980 the total foreign-born population as a percentage of the total U.S. population:
a. has not changed. b. has declined. c. has risen. d. has been stable. e. has fallen to zero.
The point elasticity is a measure of the sensitivity of consumers to a large price change - a range from one price to another
a. True b. False Indicate whether the statement is true or false
The income effect of higher wages leads workers to want to work more
a. True b. False Indicate whether the statement is true or false
If citizens expect to bear more of the burden for their own health care and retirement costs in the future, then we would expect their:
A. supply of loanable funds further right than it would otherwise be. B. supply of loanable funds further left than it would otherwise be. C. demand for loanable funds further left than it would otherwise be. D. demand for loanable funds further right than it would otherwise be.