Banks in the United States have been prohibited from investing deposits in significant equity holdings since the passage of the

The unemployment rate is 10 per cent. The rate of job separation is 5 per cent. How high does the rate of job finding have to be to keep the unemployment rate constant?

A. 10 per cent B. 45 per cent C. 50 per cent D. 90 per cent

The General Theory of John Maynard Keynes exerted a major impact on macroeconomics during the 20th century primarily because

a. it provided the only logically consistent view of what caused the Great Depression. b. it provided a reasonable explanation of what went wrong during the Great Depression and what could be done to prevent it from happening again. c. it explained how gross domestic product could be measured and why this was important. d. it derived the conditions necessary for maximum efficiency of resource use and explained how these conditions could be achieved through central planning.