Which of the following is an example of in-kind transfer?
a. Social security benefits
b. Food stamps
c. Disability pensions
d. Unemployment compensations
e. Earned income tax credit
b
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To contract the money supply, the Fed should
A) lower the required reserve ratio. B) increase government spending and cut taxes. C) reduce the differential between the discount rate and the federal funds rate. D) sell U.S. government securities.
The "paired observation" of (14, 6 ) means
A) x = 14, y = 6. B) x = 6, y = 14. C) x = any multiple of 14, y = any multiple of 6. D) the origin is at 14 and 6.
If price levels are rising rapidly and erratically, you may not commit to long term commitments because of...
What will be an ideal response?
The PPI is a price index that tends to be a leading indicator of
A. future inflation rates. B. unemployment trends. C. past economic performance. D. nominal GDP.