Data on the income of law graduates collected at different times during the same year is _____.
A. panel data
B. experimental data
C. time series data
D. cross-sectional data
Answer: D
Economics
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The Fed's principal decision-making body, which directs buying and selling U. S. government securities, is known as the:
a. Federal Open Market Committee. b. Federal Deposit Insurance Corporation. c. District Board of Governors. d. Reserve Requirement Regulation Conference.
Economics
If a $20 billion increase in government expenditures increases equilibrium GDP by $50 billion, then:
A. the multiplier is 2. B. the MPC for this economy is .6. C. inflation is occurring. D. the MPS for this economy is .6.
Economics