Which of the following statements is correct?
A) The Fed is fully insulated from external pressures due to the long terms that members of the Board of Governors serve.
B) The Fed is fully insulated from external pressures because it does not need to go through the normal congressional appropriations process.
C) The Fed is fully insulated from external pressures because it has a constitutional mandate.
D) The Fed is only partially insulated from external pressures.
D
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The slope of the linear consumption function represents induced consumption expenditures
Indicate whether the statement is true or false
Elisa Kilhafer, a housewife in St. Louis, Missouri, who claims on a Bureau of Labor Statistics (BLS) survey that she is neither gainfully employed nor looking for work, is, according to the BLS:
a. considered retired. b. counted as unemployed. c. considered reemployable. d. counted as a member of the labor force. e. not counted as a member of the labor force.