Macroeconomics

If the Federal Reserve increases the legal reserve requirement on depo

If the Federal Reserve increases the legal reserve requirement on deposits, a. the money stock will rise and the money multiplier will fall. b. the monetary base will rise and the money multiplier will fall. c. both the monetary base and the money stock will fall. d. neither the monetary base nor the money stock […]

Read full post

Date: September 10th, 2020

Which of the following federal activities was new under the New Deal?

Which of the following federal activities was new under the New Deal? The federal government (a) subsidized building construction. (b) provided federal finances to build houses. (c) established regulatory agencies intended to influence activities in private markets. (d) engaged in all of the above.   ANSWER (b)

Read full post

Date: September 10th, 2020

Overall, U. S. citizens and foreign-born residents embrace change that

Overall, U. S. citizens and foreign-born residents embrace change that promises overall growth. This is evidenced by which of the following? (a) Innovation (b) The growth of new industries and the demise of others (c) Population migration from one part of the U.S. to another (d) All of the above   ANSWER (d)

Read full post

Date: September 10th, 2020

With regard to the American Revolution, research suggests that (a) it

With regard to the American Revolution, research suggests that (a) it was not waged against the law but against a particular alien authority. (b) all contracts, respecting property, remained basically unchanged. (c) the basic ideas established in the colonial era remained untouched by the Revolution, apart from the abolition of primogeniture and perpetual entailment. (d) […]

Read full post

Date: September 10th, 2020

During the New Deal, the structure of capitalism in the U.S. changed f

During the New Deal, the structure of capitalism in the U.S. changed forever in each of the following areas except for one. Which one? (a) The relation between government and markets changed in the sense that government interventions of one sort or another occurred. (b) The Federal Reserve System began to control actively the money […]

Read full post

Date: September 10th, 2020