The ________ in the labor-force participation rate since 1970 is among prime-age women.
A. smallest decrease
B. smallest increase
C. largest increase
D. largest decrease
Answer: C
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To conduct open market operations, the FOMC issues a directive to
A) the trading desk at the Federal Reserve Bank of New York. B) the Board of Governors in Washington, D.C. C) the presidents of the district banks. D) the chairman of the New York Stock Exchange.
Your Social Security contributions accumulate in a personal account during your working years, creating a savings balance from which retirement, disability, and health benefits are later paid
Indicate whether the statement is true or false
If the U.S. price level decreased relative to price levels in foreign countries, what would be the impact on domestic aggregate supply and aggregate demand curves?
a. the aggregate supply curve would shift outward and the aggregate demand curve would remain unchanged b. the aggregate supply curve would shift inward and the aggregate demand curve would remain unchanged c. the aggregate demand curve would shift outward and the aggregate supply curve would remain unchanged d. the aggregate demand curve would shift inward and the aggregate supply curve would remain unchanged e. the domestic aggregate demand and supply curves would remain unchanged
If a Central Bank wished to reduce the supply of money it should:
(a) Sell government bonds and securities in the money market. (b) Raise the rate of discount (Bank rate). (c) Raise the reserve requirement ratio. (d) Do any or all of the above.