All Fed purchases and sales of
a. corporate stocks and bonds are conducted at the New York Fed's trading desk.
b. government bonds are conducted at the New York Fed's trading desk.
c. real estate and other real assets are conducted by the Federal Open Market Committee.
d. All of the above are correct.
b
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The share of long-term unemployment:
A. increases with the amount of labor market rigidity, which explains why the United States has more long-term unemployment than Europe. B. decreases with the amount of labor market rigidity, which explains why Europe has more long-term unemployment than the United States. C. increases with the amount of labor market rigidity, which explains why Europe has more long-term unemployment than the United States. D. decreases with the amount of labor market rigidity, which explains why the United States has more long-term unemployment than Europe
Which of the following is true of the wage gap between the top 10% of earners and the bottom 10% of earners in the U.S. economy?
A) The wage gap has increased over time. B) The wage gap has decreased over time. C) The wage gap has remained the same over time. D) There is hardly any wage gap between the top 10% of earners and the bottom 10% of earners in the U.S. economy.