Several students had the idea that they could get rich if they opened a dating service on campus. Others were skeptical that the information on those services is either not true or exaggerated but the enterprising students tell them a campus based system will be much more reliable. This claim
A. does not make sense because college students are risk lovers by nature and would make false claims.
B. is false because the stigma of the newcomer will exclude freshman from the service.
C. makes sense because a campus has many close relationships so exaggerated claims would be easily exposed.
D. makes sense because college students are risk averse by nature and would not make claims that could get them in trouble.
Answer: C
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Suppose that the chain-weighted index for GDP in Gambia was 275 in 2015 and 350 in 2016. The inflation rate between those two years was approximately
A) 20.2 percent. B) 27.3 percent. C) 37.5 percent. D) 75 percent.
Over time, overall responsibility for formulating monetary policy has become increasingly concentrated in the
A) Federal Reserve Bank of New York. B) Council of Economic Advisors. C) Federal Deposit Insurance Corporation. D) Federal Reserve Board of Governors.