To maintain a balanced budget during the sag in personal spending in 2008 could cause a
a. further increase in aggregate demand and inflation.
b. further increase in aggregate demand and unemployment.
c. further decrease in aggregate demand and a recession.
d. further decrease in aggregate demand and inflation.
c
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One reason why consumers are unlikely to be too upset about tariffs is because
A) most consumers benefit from protection. B) tariffs are an inexpensive way to create jobs. C) consumer losses are not real losses. D) the costs are so spread out that no one pays a big share of the total. E) the gains of producers are larger.
In large companies it is often the case that
A) bureaucracy compliments performance. B) profits increase with market share. C) bureaucracy overwhelms performance. D) revenues increase faster than costs.
Airline deregulation led to the demise of many smaller airlines but large carriers were not materially affected.
Answer the following statement true (T) or false (F)
When the Federal Reserve sells bonds as a part of a contractionary monetary? policy, there? is:
A. A decrease in the money supply and a decrease in interest rate B. A decrease in the money supply and an increase in interest rate C. An increase in the money supply and a decrease in interest rate