When the Current Population Survey (CPS) was introduced in 1940, it was based on a survey of approximately 8,000 households. The CPS survey is now based on a survey of how many households?
A) 8,000
B) 10,000
C) 12,000
D) 20,000
E) 60,000
E
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The policy irrelevance proposition implies that
A) anticipated monetary policy actions are effective in increasing real GDP, but they do not reduce unemployment. B) anticipated monetary policy actions are effective in stimulating aggregate supply, but they are not effective in stimulating aggregate demand. C) unanticipated monetary policy actions are equally effective in stimulating both aggregate demand and aggregate supply. D) anticipated monetary policy actions are ineffective in generating changes in real GDP.
As a general rule, you would be unwise to keep a deposit at an FDIC-insured bank in an amount greater than
a. 20 percent of the bank's reserves. b. $1,000,000. c. $250,000. d. an infinite amount; there is no limit.
Even though the difference in labor-force participation rates of U.S. males and females has narrowed, the labor-force participation rate of males remains higher than that of females
a. True b. False Indicate whether the statement is true or false
In a free market economy, current consumption, saving and investment decisions
A) shape the future course of the national economy. B) are necessarily controlled by big businesses. C) require protection from foreign forces if individuals desire wealth accumulation. D) are controlled largely by the government.