As the baby boom starts to retire, you would expect to see the
A. labor for participation rate steadily rise.
B. unemployment rate steadily rise.
C. labor for participation rate steadily fall.
D. unemployment rate steadily fall.
Answer: C
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If a bank has excess reserves of $7,000 and demand deposit liabilities of $100,000, and if the reserve requirement is 15 percent, then the bank has actual reserves of
A) $17,000. B) $22,000. C) $27,000. D) $29,000.
This agency regulates workplace safety and health conditions
A) Environmental Protection Agency B) Consumer Product Safety Commission C) Equal Employment Opportunity Commission D) Occupational Safety and Health Administration
According to the graph shown, if this economy is an autarky, its equilibrium price is:
This graph demonstrates the domestic demand and supply for a good, as well as a tariff and the world price for that good.
A. $175 at a quantity of 815.
B. $215 at a quantity of 500.
C. $130 at a quantity of 1150.
D. $130 at a quantity of 500.
An economic forecast:
a. will always be true. b. is more reliable than a weather forecast. c. will never provide valuable information. d. should not be relied upon to predict economic events. e. is always based upon a Ceteris paribus condition.