The required reserve ratio for a bank is set by:
a. Congress.
b. the bank itself.
c. the banking system.
d. the Treasury Department.
e. the Federal Reserve.
e
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The table above shows
A) a total product schedule. B) the market for labor. C) a production possibility frontier. D) a supply schedule. E) a demand for labor schedule.
Valuing the quantities of goods produced in consecutive years using prices in both years and then averaging the percentage changes in the value of output is part of the ________ method of calculating real GDP
A) base-year B) moving-base-year C) chain-weighted output index D) fixed quantities/variable prices
Payments by a corporation to its shareholders are known as
A) dividends. B) coupons. C) stocks. D) bonds.
In most circumstances, employees do not pay taxes on the value of health insurance their employers provide them
Indicate whether the statement is true or false