The elimination of automatic stabilizers would decrease the need for other fiscal policies.
Answer the following statement true (T) or false (F)
False
Without automatic stabilizers, equilibrium income would be subject to greater swings, increasing the need for other fiscal policies.
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John deposits $800 at an annual interest rate of 6%. The total amount in John's account after one year will be:
A) $822. B) $848. C) $864. D) $950.
Financial capital flows could include
A) real estate purchases. B) construction of factories. C) sales of a business. D) the purchase of the physical assets and operations of a multinational corporation by another. E) currency market transactions.
A market situation in which there are very few sellers is
A) oligopoly. B) perfect competition. C) monopoly. D) monopolistic competition.
In the short run, a competitive firm has a marginal product of labor, MPL = 5L-0.5. The output price is $10 per unit and the wage is $7 per hour. The short-run labor demand curve for the firm is
A) 5L-0.5. B) 15L-0.5. C) 35L-0.5. D) 50L-0.5.