The Federal Reserve (Fed) was criticized for playing a role in causing the Great Recession. Which of the following criticisms most accurately captures this criticism?
a. The Fed kept monetary policy loose for too long, thereby fueling speculation in the housing market.
b. The Fed kept monetary policy too tight immediately after the 2001 recession and then loosened it just prior to the recession, thereby precipitating the crisis.
c.The Fed relaxed banking regulations after the 2001 recession, causing banks and other financial institutions to engage in speculative activities for which they were unprepared.
d. The Fed encouraged home ownership by putting pressure on Fannie Mae and Freddie Mac.
.A
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When an immigrant sends a remittance from his host country to his family in his home country, the benefits of immigration to the:
A. Home and host country are increased B. Home and host country are decreased C. Host country are increased, but decreased to the home country D. Host country are decreased, but increased to the home country
Who are likely to earn higher incomes, doctors or nurses, and why?
a. doctors, because their training is more expensive b. doctors, because their job has higher social status c. nurses, because their job is more desirable d. nurses, because their education is more costly e. doctors, because there are more job openings for them
A typical capital gain is experienced by
A. holding government bonds. B. only investment bankers. C. holding stock of large corporations. D. selling stock or a mutual fund.
The ________ program was created in 1975 to provide rebates of Social Security taxes to low-income workers
A) food stamp B) SSI C) TANF D) EITC