Since World War II,
A. air pollution has worsened in most U.S. cities.
B. many new pollutants have been introduced or identified.
C. the federal government has reduced its reliance on economic incentives as a means of reducing pollution.
D. the United States has polluted more per capita than China and India.
Answer: B
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Flexible exchange rates, proving to be much ________ volatile than economists predicted, have led to ________ calls for a return to fixed exchange rates
A) less, few B) less, many C) more, few D) more, many
Macroeconomics simply focuses on the annual performance of a particular national economy and ignores its interactions with other national economies around the world
a. True b. False Indicate whether the statement is true or false
Banks are able to create money only when
a. interest rates are above 2%. b. the Fed sells U.S. government bonds. c. the reserve ratio is 100%. d. only a fraction of deposits are held in reserve.
Which of the following policy tools is directly controlled by the Trading Desk at the Federal Reserve Bank of New York?
A. open market sales and purchases B. the spread between the federal funds rate and the interest rate on banks' required reserves C. the spread between the discount rate and the federal funds rate D. the required reserve ratio