The British Crown was the only political, social, cultural and economic influence on the colonization of North America
Indicate whether the statement is true or false
False
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In which system are decisions made by thousands of people who have information about resources, production technology and consumer desires?
A) market system B) socialist system C) centrally planned system D) command system
During a recession, people drop out of the labor force because they are unable to find a job. All else the same, this
A) increases the official U-3 unemployment rate. B) decreases the official U-3 unemployment rate. C) does not change the official U-3 unemployment rate. D) increases the official U-3 unemployment rate and the labor force participation rate.
The Fed can decrease the money supply by
a. decreasing the reserve requirement b. making open market purchases of bonds c. selling government bonds d. destroying printed currency e. creating wealth
A change in which of the following will cause the aggregate demand curve to shift?
a) energy prices b) productivity rates c) consumer wealth d) prices of inputs e) prices of consumer goods