The government agency that provides insurance for all checkable deposits up to $100,000 in banks choosing its protection is the:

a. Federal Deposit Insurance Corporation.
b. Federal Reserve.
c. Office of Management and Budget.
d. Treasury.
e. Securities and Exchange Commission.

a

Economics

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Because of labor hoarding, an increase in output may signal

A) an increase in employment. B) a reduction in employment. C) no change in employment. D) a reduction in productivity.

Economics

In Macroland, potential output equals $100 trillion and the natural rate of unemployment is 4 percent. If the actual unemployment rate is 5 percent, then the output gap equals:

A. 1 percent. B. 2 percent. C. ?1 percent. D. ?2 percent.

Economics