The government may impose industrial safety regulations and occupational licensing requirements in which of the following economic systems?
A. Laissez-faire economy
B. Pure capitalism
C. Mixed market economy
D. Macroeconomic system
Answer: C
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The Federal Reserve currently exercises credit control over
a. stock market purchases. b. home financing. c. installment sales. d. automobile sales.
In early 2010 there were __________ Americans working than there were 10 years earlier.
A. more B. fewer C. the same number of
When an economy is experiencing a negative output gap, there is:
A. inflationary pressure due to low demand. B. significant inflationary pressure due to low demand. C. inflationary pressure due to high demand. D. significant inflationary pressure due to high demand.
Use the IS-LM model to answer this question. Suppose there is a simultaneous increase in government spending and increase in the money supply. Explain what effect this particular policy mix will have on output and the interest rate. Based on your analysis, do we know with certainty what effect this policy mix will have on investment? Explain
What will be an ideal response?