The first Fed chair to hold a press conference was:

The term investment refers, in general, to

A) any action today that has costs today. B) any action today that has costs today but provides expected benefits in the future. C) only large projects, such as building a new factory, undertaken by private firms. D) only the creation of capital goods undertaken by private firms or the government.

Because people move into and out of the labor force so often, statistics on unemployment are difficult to interpret

a. True b. False Indicate whether the statement is true or false