The use of hospitals today is dominated by
A) the elderly.
B) immigrants.
C) obstetrical care.
D) the wealthy.
Answer: A
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Among marketable government securities, the largest dollar volume is in the form of
A) Treasury bonds. B) Treasury notes. C) Treasury bills. D) federal funds.
Measuring poverty using an absolute income scale like the poverty line can be misleading because
a. income measures do not include the value of in-kind transfers. b. money is more highly valued by the rich than by the poor. c. the poor are not likely to participate in the labor market. d. income measures are not adjusted for the effects of labor-market discrimination.
Macroeconomics would be concerned with
A) implications of changes in unemployment and inflation. B) the effects on individual consumers of changes in the price of gasoline for a business. C) the effects of a tax on beer. D) the effects of wage increases on steel manufacturers.
An increase in the value of the dollar will __________ exports and __________ imports.
Fill in the blank(s) with the appropriate word(s).