Who reports the official U.S. unemployment rate?
a. the U.S. Treasury Department
b. the U.S. Federal Reservethe
c. U.S. Bureau of Labor Statistics
d. unemployment collection offices
Ans: c. U.S. Bureau of Labor Statistics
Economics
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If reserves in the banking system increase by $100, then checkable deposits will increase by $667 in the simple model of deposit creation when the required reserve ratio is
A) 0.01. B) 0.05. C) 0.15. D) 0.20.
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A flat tax would increase the possibilities of abuses and misrepresentations that go with tax deductions
a. True b. False Indicate whether the statement is true or false
Economics