Monetary policy-makers can help smooth out the fluctuations of the business cycle by _____.

(A) Implementing inside lags.
(B) Reacting to current trends.
(C) Practicing good timing.
(D) Examining banks.

Answer: (B) Reacting to current trends.

Economics

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In the United States, the typical woman earns about ________ of what the typical man earns

A) 90% B) 80% C) 70% D) 50%

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A price ________ is a regulated ________ that must be set below the equilibrium price to have an effect

A) floor; price B) floor; quantity C) ceiling; price D) ceiling; quantity

Economics