Which of the following adopted reforms that have substantially improved their economic freedom rating since 1980?
a. Ireland
b. Zimbabwe
c. Venezuela
d. Republic of Congo
A
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Which of the following expenditures would be included when we measure GDP?
A) Expenditures on illegal drugs B) Expenditures on illegal weapons C) Expenditures on medical services associated with drugs and crime D) All of the above. E) None of the above.
In a model with money neutrality, how much should the money supply be increased to obtain a 1% increase in nominal output?
A) -1% B) between 0 and 1% C) 1% D) It cannot be done.
The marginal cost of pollution abatement is represented by
A) an upward sloping curve. B) a downward sloping curve. C) a horizontal curve. D) a vertical curve.
The Federal Reserve began paying interest on reserves in 2008
Indicate whether the statement is true or false