Most employees ________ pay taxes on the value of health insurance provided by employers, and most people ________ get a tax break when buying individual health insurance policies
A) do; do
B) do; do not
C) do not; do
D) do not; do not
Answer: D
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Macroeconomics is the independent study of individual parts of the economy.
Answer the following statement true (T) or false (F)
Ball's research on disinflation across different countries found that
A. costs of disinflation were smaller for rapid disinflation than for gradual disinflation. B. costs of disinflation were about the same for both rapid and gradual disinflation. C. costs of disinflation were larger for rapid disinflation than for gradual disinflation. D. costs of disinflation were smaller when the central bank had a strong inflation-fighting reputation.
Would the services supplied by prostitutes and brothels be included in calculating GDP in the United States?
A) Yes, because those are final services. B) Yes, but only in those states where brothels are legal. C) No, because those services are immoral. D) No, because those are not truly economic services.
Total Reserves minus vault cash equals
A) bank deposits with the Fed. B) excess reserves. C) required reserves. D) currency in circulation.