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ID: 333961 • Letter: I

Question

ictx- amvallad-0044quiz action Imported From Firefc takeQuizBiquiz probGuid ONAPCOA80101 Cristia r limited to buying materials by the course with Cengage Unlimited. Live August 2018 at cengage.a Home Grades Personalized Reviews Discussion Course Materials Federal Reserve System d Assignment Bac Due Monday 04.16.18 at 1245 AM Keep the Highest: 13 tempts: 5. The "books" of the FOMC Before each meeting of the Federal Open Market Committee (FOMC), three "books' of information are released either A Aa E to the public or for internal use. These are called the Beigebook, the Tealbok, and the Bluebook. Which of the tollowing statements about the FOMC's Beigebook are correct? Check all that apply. It projects how major macroeconomic variables wll fare in the next two years It is a report on local economic conditions. It is available to the public one or two weeks before each FOMC meeting. D It is prepared by the Fed's Monetary Affairs Division. Grade It Now Save & C Continue without sav

Explanation / Answer

Question:- which of the following statements about the FOMC's Beige book are correct

Correct Answer:-

It is a report on the local economic condition

It is available to the public one or two weeks before each FOMC meeting

Reason:- Beige book is published by Federal Reserve depicting the present and future status of economic condition in the country and it is published two weeks before the meeting of FOMC committee.

Question:-

Labour force participation rate = Total Labour force / Total Adult population

Labour force participation rate can be seen as the percentage of the population which is participating in the labour force.

Arcadia’s total population =190 million

Unemployed population=11 million

Labor force =130 million

Labour force participation rate = Total Labour force / Total Adult population

Arcadia’s Labour force participation rate = 130 million/190 million

Arcadia’s Labour force participation rate =0.69 =69%