Traditionally, the Fed often communicated its intentions to restrict or expand monetary policy by announcing a change in its target for the ________.
A. consumer price index
B. discount rate
C. prime rate
D. federal funds rate
Answer: D
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The table below shows data regarding Germany's labor market
Year Labor Force (millions) Number of Employed (millions) Population (millions) 2006 43.7 39.01 82.3 2007 43.7 39.06 82.2 2008 43.6 39.8 82.1 The data show that Germany's unemployment rate between 2007 and 2008 A) increased. B) decreased C) stayed the same. D) cannot be determined because the population decreased.
If the economy receives an influx of new workers from immigration
A) the long-run aggregate supply curve will shift to the right. B) we will move down along the long-run aggregate supply curve. C) we will move up along the long-run aggregate supply curve. D) the long-run aggregate supply curve will shift to the left.
Because information and the time required to acquire and digest it are scarce,
a. consumers concentrate on private choices rather than on public choices b. consumers concentrate on public choices rather than on private choices c. it is irrational for consumers to remain ignorant of the costs and benefits of government proposals d. consumers have greater incentive to gather and act upon information about public choices than to gather and act upon information about their private choices e. an individual voter has more incentive to examine the performance records of candidates for public office
Without which of the following would there be no economics?
a. professors b. government c. money d. freedom e. scarcity