If the number of people unemployed is 100, the number of people employed is 1000, and the working-age population is 1400, then the employment-to-population ratio is

Under the Bretton Woods exchange rate system, set up in 1944, which of the following was true?

A) Foreign central banks could sell their dollars to the American government in exchange for gold. B) Americans could sell their dollars to the American government in exchange for gold. C) Americans could sell their dollars to foreign central banks in exchange for gold. D) Americans could sell their dollars to the American government in exchange for silver.

Open market purchase of government securities by the Fed increases the federal funds rate

Indicate whether the statement is true or false