Refer to Figure 9.2. A movement from point a to point c could be caused by a(n)
A) increase in government spending.
B) decrease in the price of oil.
C) increase in taxes.
D) increase in short-run aggregate supply.
A
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Keynes referred to the sharp, often irrational, changes in the outlook of investors as the ________ of investors
A) primal needs B) crowd psychology C) animal spirits D) chaotic behavior
Approximately what percent of all world production of goods and services is exported to other countries?
A) 10% B) 30% C) 50% D) 100% E) 90%
Type II errors are
a. False negatives b. False positives c. True negatives d. True positives
According to the text, European countries growth rates of real GDP per capita?
a. remained constant during each of the four decades beginning 1980. b. followed a random pattern during the four decades beginning 1980. c. decreased during each of the four decades beginning 1980. d. decreased in the first two decades after 1980 and then increased in the following two decades.