In the United States in 2014, the percentage of people who received health insurance through their employer was about
A) 15%. B) 36%. C) 55%. D) 83%.
C
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If consumers expect future prices to be higher
A. they substitute current purchases for future purchases of perishable products. B. the demand for automobiles today will not change. C. the position of the demand will not change. D. stockpiling will happen when products are durable in nature.
Camels have been used as money. Which function of money would this type of money perform least well?
A. medium of exchange B. store of value C. unit of accounting D. standard of deferred payment
Under communal property, effort is:
A) divorced from payment, so there is great incentive to work. B) divorced from payment, so there is little incentive to work. C) rewarded with payment, so there is great incentive to work. D) rewarded with payment, so there is little incentive to work.
The effectiveness of the federal funds rate as an operating target is limited because
A) the Treasury often uses federal funds market. B) reserve requirements often change. C) the demand for reserves is difficult to predict. D) the deposit expansion multiplier is difficult to predict.