The employment/population ratio _____ between 1980 and 2000, but this ratio has _______ since 2000 . (fill in the blanks)
a. fell; risen
b. was virtually constant; risen
c. rose; been virtually constant
d. rose; fallen
D
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When the price level decreases, ________.
A. holders of financial assets with fixed money values decrease their spending B. the demand for money falls and the interest rate falls C. there is a decrease in consumer spending that is sensitive to changes in interest rates D. holders of financial assets with fixed money values have less purchasing power
If firms are more pessimistic and believe that future profits will fall and remain weak for the next few years, then
A) investment spending will remain unaffected. B) investment spending will rise and then fall. C) investment spending will rise. D) investment spending will fall.
Unlike banks, ________ have been allowed to branch statewide since 1980
A) federally-chartered S&Ls B) state-chartered S&Ls C) financially troubled S&Ls D) technically insolvent S&Ls
The agency directly responsible for monetary policy in the United States is
A. the twelve Federal Reserve Banks. B. the Board of Governors of the Federal Reserve System. C. the Congress of the United States. D. the United States Treasury.