Each year, the United States exports about 50 percent of its wheat crop
Indicate whether the statement is true or false
TRUE
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How is a compensated demand curve different from an ordinary demand curve? Why must the law of demand always hold for one while it may be violated for the other?
What will be an ideal response?
In response to the financial crisis in 2008, the Fed created which of the following policy tools?
A) quantitative easing B) the required reserve ratio C) the discount rate D) the federal funds rate E) open market operations
Over the course of recent years, the college premium has ________
A) remained essentially unchanged B) risen C) fallen D) excluded civilians from calculations of the labor force
Who did President Jimmy Carter appoint to head the Federal Reserve beginning in 1979?
a. Ben Bernanke b. Alan Greenspan c. Paul Volcker d. Arthur Burns