The fact that it takes time for government to identify and recognize a problem is one reason for the occurrence of:
A. inside lags.
B. outside lags.
C. implementation lags.
D. structural lags.
Answer: A
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Marla is an architect who is designing a home for Chuck. Chuck is paying Marla $150 per hour to design his new home. When Chuck and Marla get married, Marla continues to work on designing the home, but she no longer charges Chuck for her work
As a result, GDP ________ because ________. A) falls; Marla's architectural design services are no longer bought by Chuck once they're married B) falls; Marla's work becomes less valuable once she's married C) rises; Marla becomes more productive once she's married D) falls; Marla's work takes place in the underground economy once she's married
Although the Fed professed employment of ________ targeting during the 1970s, its behavior suggests that it emphasized ________ targeting
A) free-reserve; interest-rate B) interest-rate; monetary aggregate C) monetary aggregate; interest-rate D) free reserve; monetary aggregate
An increase in the quantity of labor inputs always leads to economic growth
a. True b. False Indicate whether the statement is true or false
Demand shows the ________relationship between __________and ________________.
a. direct; price; quantity b. inverse; price; quantity c. inverse; supply; quantity d. direct; supply; quantity