"Full employment" is said to exist when the unemployment rate equals
A) zero.
B) the cyclical unemployment rate.
C) the structural unemployment rate.
D) the natural unemployment rate.
D
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Holding the money deposits of businesses and households and making loans to the public are the basic functions of
A. the Federal Deposit Insurance Corporation and the Federal Savings and Loan Insurance Corporation. B. district banks of the Federal Reserve System. C. the Open Market Committee and the Board of Governors. D. commercial banks and thrift institutions.
Disposable personal income is equal to personal income minus personal tax payments
Indicate whether the statement is true or false
Describe the difference between the simple quantity theory of money and the equation of exchange
Usury laws are popular with ________.
A. the public and with economists B. the public, but not with economists C. economists, but not with public D. neither the public nor with economists