The monetary base is equal to the sum of coins,
A) currency and banks' reserves at the Federal Reserve.
B) currency and checkable deposits at banks.
C) currency, banks' reserves at the Federal Reserve and checkable deposits at banks.
D) and checkable deposits at banks.
E) U.S. government securities owned by the Federal Reserve and Federal Reserve notes.
A
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Describe the trends and fluctuations in the U.S. unemployment rate from 1980 to 2014
What will be an ideal response?
Usury is considered the charging of
A. higher interest rates than people are willing to pay. B. lower interest rates than people are willing to pay. C. unconscionably high interest rates. D. extremely low rates of interest.
Which of the following does NOT contribute directly to the persistence of structural unemployment
What will be an ideal response?
Suppose a country's output is $440 billion and its population is 110 million. Now suppose that both its output and its population increase by 24 percent. As a result of these changes, its new level of per capita output will be:
A. $4,400. B. $440. C. $4,000. D. $400.