According to mainstream macroeconomists, U.S. macro instability has resulted from
A. adherence by the Fed to a monetary rule.
B. wide fluctuations in net exports.
C. changes in investment spending.
D. government's attempts to balance its budget.
Answer: C
You might also like to view...
Refer to Table 14-9. In order to maximize profit, the firm will produce a level of output where marginal cost is equal to
a. $6. b. $7. c. $8. d. $9.
If, at the current interest rate, the quantity of loanable funds supplied is less than the quantity of loanable funds demanded, then
A) the supply of loanable funds curve shifts leftward and the real interest rate rises. B) the real interest rate falls. C) the supply of loanable funds curve shifts leftward and the real interest rate falls. D) the real interest rate rises. E) the supply of loanable funds curve shifts rightward and the real interest rate rises.
If imports of goods are greater than exports of goods, the nation is experiencing a:
A. negative balance on current account. B. goods trade deficit. C. capital account imbalance. D. weakening of its currency.
Correlation vs causation?
What will be an ideal response?