Monetary policy attempts to control
A) the money supply and interest rates.
B) the budget deficit and the money supply.
C) the yield curve and interest rates.
D) none of these choices.
A
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If the number of potential workers in a country is 25 million, and the size of the labor force in the country is 17 million, the number of adults not in the work force will equal:
A) 43 million. B) 8 million. C) 25 million. D) 17 million.
Which of the following examples definitely illustrates an appreciation of the U.S. dollar?
A) The dollar exchanges for 120 euros and then exchanges for 100 euros. B) The dollar exchanges for 100 yen and then exchanges for 125 euros. C) The dollar exchanges for 1 pound and then exchanges for 1.2 pounds. D) none of the above
Normal Balance
What will be an ideal response?
Over the course of the business cycle
a) the public sector is the most procyclical sector of the economy b) manufacturing tends to be countercyclical c) the service sector displays greater volatility than manufacturing d) construction is the most volatile sector of the economy e) the amplitude of fluctuations in the public sector exceeds that of GDP as a whole