The portion of the Obama stimulus package that provided unemployment benefits for longer than the usual 26 weeks is best thought of as
A. discretionary (and contractionary) fiscal policy.
B. discretionary (and expansionary) fiscal policy.
C. monetary policy.
D. nondiscretionary fiscal policy.
Answer: B
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Which of the following include the four basic resources supplied by households?
a. natural resources, labor, intelligence, capital b. money, labor, natural resources, entrepreneurial ability c. intellectual ability, physical ability, money, natural resources d. labor, capital, intelligence, entrepreneurial ability e. labor, natural resources, entrepreneurial ability, capital
Which of the following is most likely to be characterized by substantial asymmetric information?
a. a soft drink purchased in a vending machine b. a car wash to benefit the local high school band c. a collectible baseball card purchased on eBay d. wireless service that includes unlimited minutes and texting
Suppose a bank is operating with a leverage ratio of 20 . What is the maximum decrease in the market value of assets before the bank becomes insolvent?
The basic data source to track the number of unemployed comes from a calculation of applications for new unemployment benefits.
Answer the following statement true (T) or false (F)