The most important of the Federal Reserve district banks is the:
A. Chicago bank.
B. Boston bank.
C. New York bank.
D. San Francisco bank.
Answer: C
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The reversal of fortune in terms of population density suggests that:
A) areas with a higher population density in 1500 are today relatively less prosperous. B) areas with a higher population density in 1900 are today relatively less prosperous. C) areas with a higher population density in 1900 are today relatively more prosperous. D) areas with a higher population density in 1500 are today relatively more prosperous.
Which country had the highest per capita expenditures on health care in 2009?
A. Australia B. Japan C. Norway D. United States
If housing prices have increased for the past 20 years, it is almost certain that prices will increase the following year
a. True b. False Indicate whether the statement is true or false
When the Fed purchases additional securities and shifts to a more expansionary monetary policy,
a. the inflation rate will rise almost immediately. b. the growth of output and employment will increase quickly. c. several months will typically pass before the shift in policy exerts much impact on output and employment. d. this policy will eventually lead to a decline in the general level of prices if it is continued for a prolonged period of time.