The unemployment rate for married men is usually higher than the rate for teenagers
a. True
b. False
Indicate whether the statement is true or false
False
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If the People's Bank of China adopted a flexible exchange rate policy
A) the U.S. dollar would depreciate. B) the U.S. dollar would appreciate. C) the yuan would depreciate. D) the yuan-U.S. dollar exchange rate would rise.
If the government wants to raise tax revenue and shift most of the tax burden to the sellers it would impose a tax on a good with a:
a. flat (elastic) demand curve and a steep (inelastic) supply curve. b. steep (inelastic) demand curve and a flat (elastic) supply curve. c. steep (inelastic) demand curve and steep (inelastic) demand curve. d. flat (elastic) demand curve and a flat (elastic) supply curve.
The slope of the consumption function is called the:
a. autonomous consumption rate. b. marginal consumption rate. c. average propensity to consume. d. marginal propensity to consume.
Which of the following is not a tool for controlling the money supply?
a. Buying government bonds b. Selling government bonds c. Changing tax rates d. Changing the required reserve ratio e. Changing the discount rate