Comparing the mobility of U.S. workers at the bottom of the income distribution to European workers in the same situation shows that U.S. workers are
a. more mobile in moving from lower to higher quintiles during their working lives
b. less mobile in moving from lower to higher quintiles during their working lives
c. paid more but remain at the bottom longer
d. paid less and remain at the bottom longer
e. more likely to leave their country (U.S.) to find work elsewhere
B
Economics
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Excess reserves immediately decrease if
A) reserve requirements increase. B) reserve requirements decrease. C) the discount rate increases. D) the discount rate decreases.
Economics
If people decide to hold less money as currency and more as checking deposits, this will most likely cause
a. a decrease in bank reserves. b. a decrease in required reserves. c. an increase in the discount rate. d. an increase in the money supply.
Economics