The U.S. Congress passed a stimulus bill in February 2009 to help remove the economy from a recessionary gap. This is an example of the use of
A) expansionary monetary policy.
B) contractionary monetary policy.
C) contractionary fiscal policy.
D) expansionary fiscal policy.
D
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Define the terms of trade
What will be an ideal response?
Which of the following is a law passed in the last 15 years relating to health care?
A. Establishment of health maintenance organizations to reduce health care costs. B. Establishment of deductibles and copayments in health insurance policies. C. Establishment of health savings accounts (HSAs) to promote saving for routine medical expenses. D. Establishment of fixed Medicare payment to hospitals based on one of several hundred diagnostic categories.
Refer to the information provided in Figure 7.6 below to answer the question(s) that follow. Figure 7.6Refer to Figure 7.6. If the price of capital is $20 and the price of labor is $10, the optimal product technique is
A. A. B. B. C. C. D. D.
The law of one price states that if the costs of transportation are ________, the price of the same good in different countries should be ________.
A. small; roughly the same B. large; roughly the same C. large; exactly the same D. small; very different