If we subtract the number of persons not in the labor force from the civilian noninstitutional population, we get the number of people in the

A) ranks of the unemployed.
B) civilian labor force.
C) ranks of the employed.
D) ranks of discouraged workers.
E) none of the above

B

Economics

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Government regulation in the form of subsidies, tariffs, licensing, and inspections does which of the following?

(a) Creates rents for businesses (b) Offers profits to some businesses at the expense of others (c) Encourages the inefficient use of productive resources (d) All of the above

Economics

Suppose checking deposits increase by $6,000 after all rounds of the money-creation process when the Fed buys $1,200 worth of U.S. government securities. This implies that the maximum value of the required reserve ratio is: a. 5

b. 0.75. c. 0.2. d. 1.2. e. 1.0.

Economics