The Fed's policy is determined by the
A) Federal Open Market Committee.
B) Executive Council to the Governor.
C) Regional Federal Reserve Banks.
D) Board of Governors.
E) Federal Monetary Policy Committee.
A
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A central theme of the new growth theory is that
A) firms don't really experience profit. B) humans can work harder than previously thought. C) the government is more efficient than private markets. D) the economy doesn't experience diminishing returns. E) firms don't experience diminishing returns.
Adriana wants to try working as an independent contractor this summer. She has a 50 percent chance that she will make $9,000 and 50 percent chance that she will make nothing. What's Adriana's expected income?
A) $4,000 B) $4,500 C) $2,000 D) $3,000
An example of human capital would be:
A. an office chair. B. a training session on Excel. C. Excel software. D. All of these are examples of human capital.
Between 1999 and 2015, throughout the world more children attended school:
A. only in those countries with strong economic growth. B. only in those countries with free college education. C. even in countries that did not experience strong economic growth. D. which contributed to the drop in family cohesiveness in developing countries.