One of the main arguments against further growth for industrialized nations focuses on the problem of:
A. Technological knowledge
B. Environmental quality
C. Feedback mechanisms
D. Infrastructure
B. Environmental quality
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To reduce the federal funds rate, the Fed can ________.
A. increase the discount rate B. sell government bonds to commercial banks C. buy government bonds from the public D. increase the reserve ratio
According to your textbook, Keynesian economic theory
A) argues that federal budget deficits were necessary during periods of rapid economic growth. B) questioned the use of the federal budget deficit as a policy tool to manipulate and fine-tune the economy. C) helped break the mentality that federal budget deficits were improper. D) did all of the above. E) did none of the above.
An increase in aggregate demand is shown by a
A) rightward shift of the AD curve. B) movement upward along the AD curve. C) movement downward along the AD curve. D) leftward shift of the AD curve.
One "design principle" that makes informal, community-based solutions to public goods and common resource problems more effective is:
A. clear distinctions between who is and is not allowed to access the resource. B. the participation of resource users in setting the rules for use. C. the ability of users to monitor one another. D. All of these are important to the effectiveness of community-based solutions.