Which of the following is NOT a government-run income maintenance program?
A) Social Security
B) unemployment compensation
C) temporary Assistance of Needy Households
D) life insurance
D
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Refer to Figure 12-10. Total revenue at the profit-maximizing level of output is
A) $1,200. B) $2,500. C) $4,800. D) $6,000.
Between 1980 and 2006, virtually all countries have become more open
Indicate whether the statement is true or false
Which of the following is not correct for a small open economy?
A) She cannot improve her BOT. B) She cannot affect the international price of goods. C) She cannot affect the foreign interest rate. D) All of the above.
In addition to open market operations and the required reserve ratio, another tool of monetary policy available to the Fed is
A) fiscal policy. B) tax rates and the progressivity of the income-tax system. C) government spending and various transfer-payment programs. D) the difference between the discount rate and the federal funds rate.