As a general rule, you would be unwise to keep a deposit at an FDIC-insured bank in an amount greater than
A. 20 percent of the bank’s reserves.
B. $1,000,000.
C. $250,000.
D. an infinite amount; there is no limit.
Answer: C
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How can economists be confident that the pill itself is responsible for the increases in female labor force participation?
A. States that legalized the pill earlier also had earlier increases in female labor force participation. B. Starting from 1960, the year the pill was approved for sale, female labor force participation has been rising. C. States that legalized different versions of the pill had different patterns of female labor force participation. D. It seems to be common sense that delaying childbearing would increase labor force participation.
Which of the following was a lasting effect of the OPEC embargo in the 1970s on the U.S. economy?
(A) Higher gasoline prices (B) Reduced use of petroleum (C) Reduced taxes (D) Lower interest rates