An increase in the labor force shifts the production possibilities frontier inwards over time
Indicate whether the statement is true or false
FALSE
Economics
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All of the following are elements in the structure of the Fed EXCEPT the
A) 12 Federal Reserve Banks. B) presidents of the 12 Federal Reserve Banks. C) Executive Council to the Governor. D) Board of Governors. E) Federal Open Market Committee.
Economics
During the 2008 financial crisis, banks restricted ________, and the M2 money multiplier ________
A) buying securities; increased B) lending; increased C) deposits; increased D) lending; decreased E) deposits; decreased
Economics
With the value of money on the vertical axis, the money supply curve is
a. upward-sloping. b. downward-sloping. c. horizontal. d. vertical.
Economics
The U.S. economy experienced the Great Depression in the:
A. 1910s. B. 1940s. C. 1920s. D. 1930s.
Economics