According to your textbook authors, pollution is
A) an imaginary problem invented by fanatical environmentalists.
B) a major social and political concern because people disagree about rights.
C) a less important problem than inefficiency.
D) always increasing and never capable of being reduced.
B
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Frictional unemployment is reduced by ________ in the number of weeks one is eligible for unemployment compensation, and ________ in the price of gasoline
A) an increase, an increase B) an increase, a decrease C) a decrease, an increase D) a decrease, a decrease
When the Federal Reserve raises the target Federal funds rate, it:
A. Sells government securities to increase the excess reserves available for overnight loan B. Buys government securities to increase the excess reserves available for overnight loan C. Sells government securities to decrease the excess reserves available for overnight loan D. Buys government securities to decrease the excess reserves available for overnight loan