A high rate of black male joblessness
A. has not existed since the Great Depression.
B. has developed just since the 2001 recession and the subsequent "jobless recovery."
C. has been very serious problem for at least a decade.
D. never existed.
C. has been very serious problem for at least a decade.
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Which of the following is NOT a disadvantage of of the Fed's "just do it" approach to monetary policy?
A) There is low transparency of policy. B) There is low accountability for central bankers. C) This type of policy make the Fed more susceptible to the time-inconsistency problem. D) It relies on a stable money-inflation relationship.
The consumer price index [CPI] is considered the best measure of the cost of living of individuals in a country
a. True b. False Indicate whether the statement is true or false
The Katrina disaster in New Orleans decreased the ability of oil companies to purify crude oil into gasoline. This caused the:
A. supply curve for gasoline to shift inward.
B. supply curve for gasoline to shift outward.
C. quantity of gasoline supplied to move in along the supply curve.
D. quantity of gasoline demanded to move out along the demand curve.
Instituting a rent control program will most likely lead to
A) a shortage of rental units. B) overly elaborate and expensive construction. C) an efficient allocation of existing units among consumers. D) an excess quantity supplied of rental units.