In the demand-supply graph for a good, a price floor can be illustrated by a vertical line segment
a. True
b. False
Indicate whether the statement is true or false
False
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In the United States, from 1980 to 2011, the percentage of
A) part-time workers who are part time for noneconomic reasons has increased significantly to over 30 percent. B) part-time workers who are part time for noneconomic reasons has risen during recessions and fallen during expansions. C) part-time workers who are part time for economic reasons has increased significantly to over 30 percent. D) part-time workers who are part time for economic reasons has risen during recessions and fallen during expansions. E) None of the above answers is correct.
Discount rate policy is most often
a. lowered when market rates rise. b. used to actively control the money supply. c. the Fed's primary tool of monetary control. d. passively changed by the Fed to follow market rates.