Which activity of the Fed would tend to increase the nation's money supply?
A) Sales of government bonds
B) Lowering the discount rate
C) Raising the required reserve ratio
D) None of the above.
B
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The RAND Health Insurance Study
a. examined cross-section data to estimate the demand function for medical care. b. was the most extensive controlled experiment in health insurance ever conducted in the United States. c. like most economic studies, was based on individual decisions in voluntarily choosing health insurance coverage. d. was flawed due to severe self-selection bias. e. was set up to study medical outcomes when individuals were free to choose the type of health coverage they desired.
Frictional unemployment will typically be a short-term problem for someone between jobs
a. True b. False Indicate whether the statement is true or false