The _____ lag is typically longer for fiscal policy than monetary policy
a. supply
b. cyclical
c. effectiveness
d. implementation
e. recognition
d
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Recall the Application. When applying the Taylor Rule to the decade of 2000, economist John Taylor found that past experience showed that from 2001 to 2004, the Fed should have ________ interest rates instead of ________ interest rates
A) raised; not changing B) not changed; lowering C) lowered; raising D) raised; lowering
Suppose y = k1/2, total factor productivity is constant and equal to 1, s = 0.40, and d = 0.10. When the economy reaches the steady state, consumption per worker is ________
A) $1.20 B) $2.40 C) $4.80 D) $13.60
All of the following are true about the basic money supply except:
A. It includes credit card balances. B. It includes currency held by the public. C. It includes money kept in transactions accounts. D. It is known as M1.
Among female workers over age 25, about what percent has a college degree? What is this percentage for black female workers over age 25?