Q5 a) 400
Number of people not in labour force= People who are neither employed nor unemployed are not in the labor force.
Number of people not in labour force= population - employed - unemployed
Number of people not in labour force= 2000-1400-200
Number of people not in labour force= 400
Q6 d) are each headed by Board of Governers
The 12 Federal Reserve Banks are the decentralized element of the U.S. central bank. They are located in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco. Branches are in 24 other cities. Each Federal Reserve Bank is separately incorporated, with a board of nine directors. Reserve Bank directors, under the supervision of the Board of Governors, oversee their bank's operations and appoint and recommend salaries of the bank's president and first vice president.
Q7 a) increase and money supply will eventually increase.
With less ccash in hand more will be deposited with banks and some portion of it is kept as reserves hence, reserves increases. the excess will be used to give loans increasing money supply.
Q8 d) Both store of value and medium of exchange
One can exchange treasury bond among each other. Also it does not loose value over time.
Question 5 2 pts Year 2012 2013 2014 Adult Population 2,000 3,000 3,200 Number of Employed...
Year 2012 2013 2014 Adult Population 2,000 3,000 3,200 Number of Employed 1,400 1,300 1,600 Number of Unemployed 200 600 200 The number of adults not in the labor force of Aridia in 2012 was Group of answer choices 1,800 400 600 200
Table 28-2 Labor Data for Aridia Year 2010 2011 2012 Adult population 2,000 3,000 3.200 Number of employed (1,400 1,300 1,600 Number of unemployed 200 1600 1200 Refer to Table 28-2. The labor-force participation rate of Aridia in 2010 was a. 80%. b. 87.5%. c. 77.8%. d. 70%.
QUESTION 1 2 points Save Answer You are planning on having a garage sale, so you put price tags on all your used goods that you want to get rid of. You are using money as a O a unit of account O a medium of exchange O a store of value QUESTION 2 2 points Save Answer Amanda routinely uses currency to purchase her groceries. She is using money as a O a unit of account O a medium...
Multiple choice. Circle the best answer. 3 points each 1) Silver is an example of a A) commodity money, B) barter money, C) fiat money. D) representative money. 2. Which of the following functions of money would be violated if inflation were high? A) unit of account B) store of value C) certificate of gold D) medium of exchange 3. If nominal GDP is $600 billion and the money supply is SO billion, the velocity of money is A) 0.125....
Question 16 (1 point) Saved Credit cards are considered to be "money substitutes" instead of money because OA) they are not acceptable to pay for purchases. OB) they cannot serve as a temporary medium of exchange. O C) the only function of money they can perform is to serve as a store of value. O D money must eventually be used to pay for the transaction. E) credit card accounts are not chequable. Question 17 (1 point) Until recently, and...
Question 10 1 pts Assume that velocity is stable during a particular year. If the Fed increases the money supply by 2.5% and real GDP changes by 2.5%, the price level will change by: O approximately 21%. O approximately 4%. O approximately 10%. O approximately 2%. exactly 0%. Question 11 1 pts Suppose that the reserve requirement is 10%, and Jane Doe makes a deposit of $800,000 at her local bank. The maximum possible change in checkable deposits is and...
Saved Question 20 (1 point) What is a bank run? O A) A situation where a commercial bank is holding zero reserves. B) A panic situation where many depositors rush simultaneously to withdraw their deposit money in the form of cash. OC) A situation where all commercial banks in the system are simultaneously short of reserves. O D) The collapse of a non-commercial bank as a result of non-payment of loans. E) The collapse of a commercial banks as a...
DQuestion 36 2 pts The following table shows the number of U.S. dollars required to buy one British pound and the number of U.S. dollars required to buy one euro between February 1, 2016, and September 1, 2016: U.S. Dollars Required U.S. Dollars to Buy 1 British Pound 1.429 Required to Buy 1 Euro 1.1092 Date February 1, 2016 March 1, 2016 1.425 April 1, 2016 1.432 May 1, 20161.452 June 1, 2016 1.420 July 1, 20161.313 August 1, 2016...
D Question 1 1 pts Consider the market for raspberries in Australia. Which of the following would most likely lead to a decrease in demand O A decrease in the price of gooseberries, a substitute for raspberries. An increase in the price of blueberries, a complement for raspberries A decrease in income if raspberries are an inferior good. O A severe frost that destroys most of the Tasmanian raspberry crop. Both a and b are correct. DI Question 2 1...
Question 1 1 pts Which of the following is not a price index? the Consumer Price Index the Producer Price Index the GDP deflator o all of these are price indices Question 2 1 pts In the Specter article, Deli $ could be considered money O They served as a store of value. They served as a means of payment. They served as a unit of account. They paid interest Question 3 1 pts Use statements I and Il to...