In the United States, regulation increased steadily in the areas of health, safety, and the environment during:
a. the Great Depression.
b. World War II.
c. the 1970s.
d. the 1980s.
c
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The labor demand curve:
A. is provided by firms who want to hire workers at each given wage. B. is made up of workers who want to work for firms at each given wage. C. shows number of workers who are willing and able to work at higher wages. D. shows that the number of people who want to work increases as the wage increases.
Transfers of assets, such as stock sales are:
A. included in GDP because they increase domestic wealth. B. included in GDP because they raise domestic production. C. not included in GDP because they do not increase domestic wealth. D. not included in GDP because they do not increase domestic production.
In the United States today, nearly ________ of the population has attained a college degree.
A. 15 percent B. 50 percent C. 30 percent D. 40 percent
(a)What happens to the fundamental value of a country's exchange rate when it raises its money supply in a fixed exchange-rate system? Does this make the currency overvalued or undervalued if originally the official rate equaled the fundamental value?(b)What happens to the fundamental value of a country's exchange rate when the foreign country raises its money supply? Does this make the currency overvalued or undervalued if originally the official rate equaled the fundamental value?(c)So, if a country wants to maintain its official rate equal to its fundamental value, what must it do when the foreign country raises its money supply? What happens to inflation?
What will be an ideal response?