The creation of the dust bowl and the migration of the "Okies" to California took place in the
A. 1920s.
B. 1930s.
C. 1940s.
D. 1950s.
B. 1930s.
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What impact does the Fed's raising the interest rate have on the money supply and on the price level?
A) An increase in interest rates raises the money supply and eventually reduces prices. B) An increase in interest rates lowers the money supply and raises the money demand, which will neutralize price increases. C) An increase in interest rates will increase investment spending and GDP, which will lower prices. D) An increase in interest rates reduces the money demand which will slow the growth in prices.
Exchange rates (for instance, the dollar price of yen) tend to be different worldwide at any point in time because of different tastes for currencies in each country
Indicate whether the statement is true or false
If a corporation earns $1 million in revenues on $750,000 in expenses, including $415,000 from payrolls, and the corporate tax rate is 10 percent with a $100,000 exemption, then the corporate taxes would be
A. $90,000. B. $31,000. C. $25,000. D. $15,000.
The two best known bond rating services are:
A. Standard & Poor's and the Wall Street Journal. B. the Federal Reserve and the U.S. Treasury. C. the Federal Reserve and Moody's Investment Services. D. Standard & Poor's and Moody's Investment Services.