The three branches of the Federal Reserve System include each of the following, except:
A. the Federal Open Market Committee.
B. the twelve regional Federal Reserve Banks.
C. the Board of Governors.
D. the Federal Deposit Insurance Corporation.
Answer: D
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Which of the following is likely to shift the demand curve for coffee workers to the left, assuming all else equal?
A) An increase in the wage rate B) A decrease in the wage rate C) A decrease in the price of coffee D) An increase in the price of coffee
In the above table, if the quantity sold by the firm rises from 5 to 6, its marginal revenue is
A) $15. B) $30. C) $75. D) $90.
What's the tax multiplier if MPC = 0.75?
a. –4 b. –3 c. 0.33 d. 3 e. 4
The labor force includes
A. All persons over the age 21 who are either working for pay or actively seeking paid employment. B. All persons over the age 21 who are working for pay. C. All persons over the age 16 who are either working for pay or actively seeking paid employment. D. All persons over the age 16 who are working for pay.