Suppose the annual growth rate of real GDP for the nation of Svengali is 5% and the growth rate of velocity is 0%. If the money supply growth rate decreases from 6% to 2%, what was the initial rate of inflation in Svengali?

A) -1%.
B) 1%.
C) 1.25%.
D) 9%.

B

Economics

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Assume the U.S. population is 300 million. If 200 million people are of working age, 125 million are employed, and 15 million are unemployed, what is the size of the labor force?

A) 200 million B) 125 million C) 175 million D) 140 million E) 215 million

Economics

The Federal Depository Insurance Corporation (FDIC) has the power to close a bank when

A) the bank's net worth falls below a certain level. B) the bank's excess reserves fall below a certain level. C) the bank's total deposits fall below a certain level. D) the bank has inadequate insurance.

Economics