The Fed seeks to promote stability of financial markets because

A) they want to lift the self-esteem of workers.
B) Congress directed them to do so by the Employment Act of 1946.
C) lower output occurs over time when there is not an efficient matching of savers and borrowers.
D) unstable markets result in increased efficiency.


Answer: C

Economics

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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 

A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C

Economics

Harry works at the video rental store for 20 hours per week. He's asked his boss to allow him to work 40 hours per week, but has been told that business is too slow. Harry is considered

A) a discouraged worker. B) an involuntary part-time worker. C) a marginally attached worker. D) not in the labor force. E) a job seeker.

Economics

An annual household income of $19,000 would not be in the lowest quintile in 2005

Indicate whether the statement is true or false

Economics

As shown in the graph, when a government imposes a quota, consumer surplus will:

This graph demonstrates the domestic demand and supply for a good, as well as a quota and the world price
for that good.

A. decrease by EFGH.
B. increase by EFGH.
C. decrease by FG only.
D. increase to ABCD.

Economics