The Federal Deposit Insurance Corporation insures
A) banks against lawsuits. B) the deposits held in the Fed.
C) the federal funds market. D) the deposits held in member banks.
D
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What is the overall longrun impact of labor immigration on returns to factors of production?
a. Returns to labor will increase and returns to capital will decrease. b. Returns to labor and returns to capital will both increase. c. Both relative and absolute returns to factors of production will not change. d. Both relative and absolute returns to factors of production will increase.
Which of the following statements characterizes government purchases in the United States between 2001 and 2011?
A) Government purchases as a share of GDP have declined. B) Government purchases as a share of GDP have increased. C) Government purchases as a share of GDP have remained constant. D) Government purchases have fluctuated widely over this period.