Dolly Varden is not employed. She is also not unemployed. How can that be?
A) It can't. Dolly must be either employed or unemployed.
B) Dolly must be over 65 years old.
C) Dolly must not be actively searching for a job.
D) Dolly must be a discouraged worker.
C
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To determine the total change in deposits as a result of an injection of reserves, we must
a. sum the number of loans a bank has made b. multiply the injection of reserves by 10 c. multiply the number of loans by the expenditure multiplier d. sum the reserves of each bank e. multiply the injection of reserves by the demand deposit multiplier
All other things equal, GDP will rise if:
A. imports rise. B. exports fall. C. durable goods consumption rises. D. military spending falls.
Which of the following is a provision of the Patient Protection and Affordable Care Act?
A. Insurance companies may not legally deny coverage to anyone on the basis of a preexisting medical condition. B. Every firm must purchase health insurance for their employees or face a $2,000 fine per employee. C. Every individual must purchase their own health insurance for themselves and their dependents or pay a fine. D. Adult children of parents with employer-provided health insurance can remain covered by their parents' insurance through age 35.
Explain which of the following count as money
a. a check in Ann's checkbook b. currency in Ann's bank c. currency in Ann's purse d. Ann's checking deposit