The Fed directly sets ________.
A. both the federal funds rate and the prime rate
B. the prime rate but not the federal funds rate
C. the discount rate and the prime rate
D. neither the federal funds rate nor the prime rate
Answer: D
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The relationship between distance traveled in 5 hours and speed shown in the figure above is
A) direct, linear. B) inverse, linear. C) direct, non-linear. D) inverse, positive. E) direct, negative.
How do governments in the United States redistribute income?
What will be an ideal response?
Assume that recent oil exploration coupled with a fall in demand reduced petroleum imports of a nation to zero. We can expect:
a. the domestic price of petroleum to fall below the world price. b. the world price of petroleum to fall to equal the domestic price. c. petroleum exported by the domestic producers to increase. d. petroleum exported by the domestic producers to decrease.
In the early 2000s, analysts feared that low academic achievement in math in the United States may reduce U.S. economic growth by as much as half a percentage point per year. This "drag will become increasingly apparent…as other countries dismantle regulatory obstacles and alter tax laws that put them at a disadvantage." In terms of sources of growth, the quotation suggests that some other countries are currently at a disadvantage because of:
A. social capital. B. human capital. C. technology. D. growth-compatible institutions.