When the government finances a shovel-ready project through taxes or borrowing, this will result in
A) lower taxes or interest rates, which will reduce private sector employment.
B) lower taxes or interest rates, which will increase private sector employment.
C) higher taxes or interest rates, which will reduce private sector employment.
D) higher taxes or interest rates, which will increase private sector employment.
C) higher taxes or interest rates, which will reduce private sector employment.
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Refer to Table 9-19. Looking at the table above, what is the rate of growth of the average price level from 2014 to 2015?
A) 1% B) 2% C) 3% D) 4% E) 5%
In a market system, what must take place for quantity demanded to continually be equated with quantity supplied?
A) Price controls must be applied by governments. B) Relative prices must be able to adjust to market clearing levels. C) Tastes and preferences of consumers must adjust to eliminate surpluses or shortages. D) Businesses must engage in involuntary, unprofitable exchanges to eliminate surpluses or shortages.
The current account shows international transactions in goods and services, the capital account shows international transactions involving the flow of financial assets, and the official reserve transactions account shows movement of international reserves
a. True b. False
Which of the following are policies that can affect cyclical unemployment?
a. adjust interest rates b. provide welfare assistance c. regulate hiring practices d. provide unemployment compensation