When the president of the Bank of America addresses Congress regarding lending standards in that industry, he is discussing
A) a macroeconomic topic.
B) a microeconomic topic.
C) incentives.
D) the big tradeoff.
B
Economics
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If the supply of labor ________, real wages rise and the amount of labor employed ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases
Economics
Use the following list to answer the question about the money supply.
Items 1. Money market mutual funds held by individuals 2. Savings deposits, including money market deposit accounts 3. Money market mutual funds held by businesses 4. Currency held by the public 5. Small time deposits 6. Checkable deposits Refer to the list above. The M1 money supply is composed of items: A. 5 and 6 B. 4 and 6 C. 6 and 7 D. 1 and 4
Economics