The government office in charge of collecting official employment statistics is the:
A. Bureau of Industry and Security.
B. Bureau of Economic Analysis.
C. Bureau of the Census.
D. Bureau of Labor Statistics.
Answer: D
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Autonomous expenditure is the component of
A) induced expenditure that changes when in real GDP changes. B) aggregate planned expenditure that changes only when government expenditure on goods and services change. C) aggregate expenditure that does not change when real GDP changes. D) aggregate expenditure that does not change when the interest rate changes. E) aggregate expenditure that changes when real GDP changes.
The local banking industry currently has a Herfindahl-Hirschman index (HHI) value of 1575 and two of the competing banks have considered merging. Because the merger would raise the HHI by 55 points, the Federal Trade Commission would likely
A) challenge the merger. B) not challenge the merger. C) allow the merger under the condition that HHI does not rise by more than 55 points as promised. D) allow the merger under the condition that the HHI remain at the premerger level of 1575.
According to neuroeconomists, our logical brain knows we should spend as much as possible when we have money
a. True b. False Indicate whether the statement is true or false
Which of the following will be the most likely impact of an unanticipated increase in the money supply?
What will be an ideal response?