The reserve requirement ensures that the central bank of a country focuses only on keeping the inflation rate at a low level
a. True
b. False
Indicate whether the statement is true or false
False
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The winners curse is more often associated with;
a. oral auctions b. second-price auctions c. first-price sealed bid auctions d. common value auctions
If a college enforces a new policy where anyone caught cheating is immediately expelled, the basic postulate of economics suggests that
A) the amount of cheating will be unaffected. B) any of the above is possible because student behavior is unpredictable. C) fewer students will attempt to cheat. D) cheating will be completely eliminated.
Which of the following is true about stagflation?
A. It causes higher prices and lower unemployment. B. It can be corrected by increases in aggregate supply. C. It results in a lower value of the misery index. D. It can be corrected by demand-side policies.
Which statement is true?
A. William Julius Wilson and Charles Murray are basically in agreement about the causes of the formation of a permanent underclass. B. The permanent underclass has more white members than black members. C. There is very little evidence to show that there is actually a permanent underclass. D. There are more poor whites than poor blacks in the United States.