Which of the following is often described as the most powerful person in the U.S. economy?

A. The president of the United States.
B. The Speaker of the House of Representatives.
C. The chairman of the House Ways and Means Committee.
D. The chairman of the Federal Reserve.

D. The chairman of the Federal Reserve.

Economics

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When the economy is at full employment the unemployment rate equals the natural unemployment rate

Indicate whether the statement is true or false

Economics

If Karen gets up early and studies three hours for her test, she is likely to get an A. If she sleeps in, she will probably get a C. What is the opportunity cost of sleeping in?

(A) Three additional hours of study. (B) a C. (C) An A. (D) Three additional hours of sleep.

Economics