The New Deal allowed the federal government to reorganize and pursue economic planning

Indicate whether the statement is true or false


True

Economics

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Compared to the previous three decades, after 1982 recessions have been ________ and expansions have been ________

A) longer, longer B) shorter, shorter C) longer, shorter D) shorter, longer

Economics

During the 1970s in the U.S. ________

A) the inflation rate peaked at over 14% B) oil prices quadrupled C) the unemployment rate rose above 8% D) all of the above E) none of the above

Economics

If a negative externality exists in the market for dirt bikes and that market is perfectly competitive:

A. less than the efficient output of dirt bikes will be produced. B. the price of dirt bikes equals the marginal social cost. C. the price of dirt bikes is less than the marginal social cost. D. the price of dirt bikes exceeds the marginal social cost.

Economics

The notion that the annual rate of increase in the money supply should be equal to the potential annual growth rate of real GDP best describes the:

A. Monetary rule B. Velocity of money C. Equation of exchange D. Crowding-out effect

Economics