In August 2018, the U.S. unemployment rate was 3.9% and the civilian labor force was estimated to be 161,776,000. About how many unemployed workers were there in the United States?

Which of the institutions has influence over the United States Federal Reserve (the Fed)?

A) The United States Senate B) The Federal Reserve Board of Governors C) The President of the United States D) All of the above

If expected inflation were 3%, and the real interest rate was 6%, what sector would be worse off if the actual inflation rate turned out to be 5%

a. Businesses. b. Laborers. c. Both. d. None.