Who was the effectively in charge of the Fed during the early 1930s?
A) Secretary of Treasury
B) Head of the Federal Reserve bank of New York
C) Comptroller of the Currency
D) no one
D
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According to the real-business-cycle perspective
A) the economy cannot be stabilized by policy activism. B) the Phillips curve is very important. C) passive policy making is important. D) active policy making is important.
A full-time student who did not have a job and was not looking for work would be categorized as
What will be an ideal response?
What is being depicted in this graph?
a. Real estate prices are low when supply is low.
b. An increase in land supply will increase the price.
c. Demand determines the amount paid for land.
d. It is more expensive to rent than to buy land.
The profit maximizing price for the monopolist will be
A. $5.00. B. $2.90. C. $3.35. D. $4.50.