A government wants to establish a minimum wage for workers to raise the standard of living for a large segment of the population. Where should the government set the minimum wage relative to W E ?

The Fed can attempt to decrease the federal funds rate by

A) lowering the reserve requirement, which increases the money supply. B) lowering the reserve requirement, which decreases the money supply. C) raising the reserve requirement, which increases the money supply. D) raising the reserve requirement, which decreases the money supply.

Which one of the following is an example of asymmetric information?

A. A supermarket repackages packages of stale meat and sells them. B. A homeowner knowingly sells a house that has hidden electrical problems. C. A company hires an employee who has an addiction to sleeping pills. D. All of these