An individual who is employed part time, but is looking for a full-time job, is classified as:
a. frictionally unemployed.
b. cyclically unemployed.
c. structurally unemployed.
d. employed.
d
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An increase in tax revenues ________ government saving and ________ national saving
A) raises, raises B) raises, lowers C) lowers, raises D) lowers, lowers
Domestic producers of goods that compete with imports benefit from protectionism in the short run
a. True b. False
If the government legislates policies that block imports of solar panels and gives domestic manufacturers a $5 billion-dollar tax subsidy, the benefits to the U.S. solar panel manufacturing and distribution industry will be very visible. The bearers of the cost of the tax subsidy _____.
a. are easy to identify b. also fit this pattern of identifiable winners c. will have their interests counterbalanced over time d. are more anonymous
The Bank of Red Oak has $2 million in deposits and $400,000 in reserves. If excess reserves are equal to $100,000, the required reserve ratio is
A. 5%. B. 10%. C. 15%. D. 20%.