There is no relationship between the size of a bureau's budget and the income earned by the bureaucrat in charge of the bureau
a. True b. False
b
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The central bank of the United States is called:
A. Bank of the United States. B. AmeriBank. C. Bank of America. D. the Federal Reserve System.
In the open-economy macroeconomic model, if the supply of loanable funds shifts right, then
a. the supply of dollars in the market for foreign-currency exchange shifts left. b. the supply of dollars in the market for foreign-currency exchange shifts right. c. the demand for dollars in the market for foreign-currency exchange shifts left. d. the demand for dollars in the market for foreign-currency exchange shifts right.
In the United States, direct expenditures for governments between 1933 and 1943
A. Trended down for all governments. B. Trended up for state and local governments and down for the federal government. C. Trended down for state and local governments and up for the federal government. D. Trended up for all governments.
Suppose a wallet firm has been dumping its wastes into the local river. The government finds out and insists that the firm pay for the cost of the river cleanup. As a result, we can expect:
A. more wallets to be produced at a lower price. B. more wallets to be produced at a higher price. C. fewer wallets to be produced at a lower price. D. fewer wallets to be produced at a higher price.