The interest rate on seasonal credit equals
A) the federal funds rate.
B) the primary credit rate.
C) the secondary credit rate.
D) an average of the federal funds rate and rates on certificates of deposits.
D
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Whom does the Bureau of Labor Statistics include in the discouraged worker category?
a. those who are neither disabled, employed nor seeking employment b. labor force members who have chosen early retirement because they dislike their work or think the pay is too low c. people who tried unsuccessfully to find a job and aren't searching for a job any longer d. members of the labor force who are looking for a job but cannot find one e. anyone in the population who is not working
Exhibit 6-1 Business cycle
In Exhibit 6-1, point E represents:
A. recession and a trough. B. peak and a trough. C. recession and a peak. D. recovery and a peak.