One important difference between the international economy of today and the economy of 100 years ago is
A) that labor is much more mobile.
B) for the first time, technological innovations have reduced the barrier of distance.
C) for the first time, capital is mobile.
D) the presence of international bodies such as the IMF and World Bank.
D
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Which of the following is a factor determining the natural rate of unemployment?
A. real GDP B. the business cycle C. demographics D. the labor force participation rate
Covariance stationary sequences where Corr(xt + xt+h)
0 as
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Which of the following describes the final lag that impacts expansionary fiscal policy?
A. It takes time for policy makers to agree on a solution to the problem. B. It takes time for policymakers to recognize that there is a problem. C. It takes time for government to spend large amounts of money. D. It takes time for government spending to ripple through the economy.
A change in which of the following will have a direct effect on the amount of money individuals wish to hold in the current period?
A) the current nominal interest rate B) the current real interest rate C) the expected future nominal interest rate D) the expected future real interest rate E) all of the above