Deposits held by Federal Reserve district banks for depository institutions, plus depository institutions' vault cash are known as
A. the discount rate.
B. adverse selection.
C. reserves.
D. a sweep account.
Answer: C
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When policy makers are deciding where to place the statutory incidence of a tax, it is helpful to remember that:
A. it will have no effect on the economic incidence of the tax. B. the economic incidence will fall to the more-elastic party. C. it will largely determine the economic incidence of the tax. D. it will have a large impact on efficiency of the tax.
Which of the following describes actual trends in the U.S. labor force participation rate?
A) The labor force participation rate of adult men has risen since 1950. B) The labor force participation rate of adult women has fallen since 1950. C) The labor force participation rate of adult men not in school, but too young to retire has risen since 1950. D) The labor force participation rate of adult women has risen since 1950. E) The labor force participation rate of all adults has fallen since 1950.
Refer to the information provided in Figure 23.7 below to answer the question(s) that follow.
Figure 23.7Refer to Figure 23.7. In Ichabodia, planned investment varies directly with income. Ichabodia's planned investment function is represented by
A. Panel A. B. Panel B. C. Panel C. D. Panel D.
One example of Ricardian rent is
a. rent paid to landlords under price controls. b. the difference between the wage of a star baseball player and what he could earn outside of baseball. c. the amount paid to a seller above the equilibrium price of tourist class tickets in order to receive higher quality seats in first class. d. the price rise of wool from a disease among sheep.