Which of the following is NOT a part of the Federal Reserve System?
A) the Federal Deposit Insurance Corporation B) the Board of Governors
C) the Twelve District Federal Reserve banks D) the Federal Open Market Committee
A
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Benjamin works as an economist for the federal government. Which of the following questions is he trying to answer as part of his job?
a. How can I communicate more effectively? b. What is the difference between artificial intelligence and emotional intelligence? c. How can government officials get themselves re-elected to office? d. What is the correlation between race and class? e. How do people use limited resources to try to satisfy unlimited wants?
President Obama has proposed a goal that everyone complete at least one year of formal education or training beyond high school
This policy would ________ the production of current consumption goods and services and ________ the future production of consumption goods and services. A) decrease; increase B) increase; decrease C) not change; increase D) increase; increase
The Keynesian model shows that the economy has a natural tendency toward full employment
a. True b. False Indicate whether the statement is true or false
All of the following would be included in planned aggregate expenditure EXCEPT:
A. sales to foreigners of domestically-produced goods. B. social security payments. C. planned changes in inventories. D. purchases of services provided by government employees.