Who was appointed Chair of the Board of Governors in 2014 by President Barack Obama?
a. Ben Bernanke
b. Christina Romer
c. Larry Summers
d. Janet Yellen
d
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Refer to Figure 13.2. The technical name given to Alice, based on her position in the figure, is the
A) election moderator. B) median voter. C) irrelevant alternative. D) strategic voter.
Suppose the absolute value of the price elasticity of demand for meals at Fortune Buffet House is ?. What happens to sales revenue if the restaurant increases its price by 5 percent?
A) Sales revenue falls by 100 percent. B) Sales revenue falls by less than 5 percent. C) Sales revenue remains unchanged. D) It cannot be determined without information on prices.
Ceteris paribus, a decrease in the government's budget deficit will increase domestic investment and net foreign investment
Indicate whether the statement is true or false
A 1986 study of segregation on early 20th century U.S. streetcars found that the primary source of racial segregation on streetcars was
a. a longstanding tradition of racial segregation. b. policies implemented by the owners of streetcars. c. laws passed by the government. d. threats by white people to boycott the streetcars if they were forced to sit with black people.