The interbank market trafficking in reserves is known as the ________
Fill in the blank(s) with correct word
Federal funds market
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The tax multiplier
A) is negative. B) is a measure of how much taxes will fall when income is falling. C) is larger in absolute value as compared to the government spending multiplier. D) is always less than one.
Which of the following is a source of inequality in incomes?
a. job preferences b. willingness to take risks c. differences in investment in human capital. d. All of the above are correct.
Which of the following is not a seriously proposed way to solve the problems of funding Social Security?
a. increase Social Security taxes b. reduce future benefits c. increase the number of years of earnings used to determine benefits d. create a Social Security national lottery e. change the law to allow the Social Security system to invest some of the trust funds in the private sector
A perfectly competitive firm is hiring variable resources M and N. It will minimize total costs
A) MRPm/MFCm = MRPn/MFCn. B) MRPm ? MFCm = MRPn ? MFCn. C) Pm/MPPm = Pn/MPPn. D) MPPm/Pm = MPPn/Pn.