In addition to the extreme conventional macropolicy measures implemented by the Federal Reserve, Congress, and the Administration to recover from the Great Recession, unprecedented financial measures were carried out by ___________ ____________, ____________, and _____ __________ to stave off the financial meltdown.

Fill in the blank(s) with the appropriate word(s).


Federal Reserve; FDIC; and U.S. Treasury

Economics

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During World War II (1941–45), Engel's law applied. As income rose, consumption of food dropped relative to all other goods and services purchased

Indicate whether the statement is true or false

Economics

By 2003, the average person in the West had about

a. 50% more income than the average person in the West in 1820. b. twice as much income as the average person in the West in 1820. c. ten times as much income as the average person in the West in 1820. d. twenty times as much income as the average person in the West in 1820.

Economics

A wildlife preserve provides what type of economic benefits?

a. Use values only b. Non-use values only c. Existence values only d. Direct and indirect use values only e. Both use and non-use values

Economics

A forecaster used the regression equationQt = a + bt + c1D1 + c2D2 + c3D3and quarterly sales data for 1996 I - 2013 IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and D1, D2 and D3 are dummy variables for quarters I, II, and III. What is the estimated intercept of the trend line in the second quarter?

A. 25 B. 55 C. 26.6 D. 65 E. none of the above

Economics