The Fed is not owned by the government
Indicate whether the statement is true or false
T
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According to the World Bank, the high-income oil-exporting nations like Libya, Saudi Arabia, Kuwait, and the United Arab Emirates:
a. are considered to be still-developing countries. b. are the major trade partners of the U.S. c. are considered as underdeveloped economies. d. have highly interdependent economies. e. are considered highly-developed countries.
If the CPI was 101.7 in 2006 and 101.5 in 2007, it can be concluded that
a. 2001 was the base year b. all goods were more expensive in 2007 than in 2006 c. all goods were less expensive in 2007 than in 2006 d. all goods were less expensive in 2006 than in 2007 e. the price level fell from 2006 to 2007
The proportion of blacks in the work force is ______ what would be expected based on their percentage of the overall population.
a. exactly b. less than c. more than d. double
A "prisoner's dilemma" can arise when:
a. two large countries simultaneously and independently apply tariffs on imports from each other. b. two large countries simultaneously and independently eliminate tariffs on imports from each other. c. one large country eliminates tariffs on imports from another large country. d. one small country eliminates tariffs on imports from a large country.