Defensive open market transactions
A) are aimed at achieving changes in monetary policy.
B) are used much less frequently than dynamic open market transactions.
C) are used to offset disturbances to the supply or demand for reserves.
D) make it easy to deduce the Fed's intentions for monetary policy.
C
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When there's a shortage in the number of jobs available when teenagers look for summer jobs, the type of unemployment that arises is called
A. Frictional unemployment. B. Seasonal unemployment. C. Structural unemployment. D. Cyclical unemployment.
In a market economy, which of the following is most important if one is going to achieve high earnings?
a. hard work b. having a graduate degree in a field like history or sociology c. provision of goods and/or services that others value highly d. membership in a labor union