When there are no vacancies, how many people serve on the Board of Governors of the Federal Reserve system?
A. 11
B. 12
C. 7
D. 5
Answer: C
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An example of a capability considered in the capabilities approach would be:
A. being able to afford appropriate healthcare required for a healthy life. B. to have adequate food and shelter. C. to be able to afford to travel freely. D. to have the ability to purchase a luxury item you really want.
Which of the following could cause economic growth?
a. Growth in productivity b. Growth in the employment-population ratio c. Growth in the average number of hours worked d. Growth in the population e. All of these
How would a decrease in the price of the feed grains used to feed cattle affect the market for beef?
a. The demand for beef would increase, increasing beef prices. b. The demand for beef would decrease, decreasing beef prices. c. The supply of beef would increase, decreasing beef prices. d. The supply of beef would decrease, increasing beef prices.
A wage-price spiral is the result of
A. lower wages and higher prices. B. higher wages and lower prices. C. higher wages and higher prices. D. lower wages and lower prices.