A completely and accurately anticipated expansionary monetary policy will increase real output in the short run but not in the long run
a. True
b. False
Indicate whether the statement is true or false
False
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If the labor force grows faster than the number employed, the
A. unemployment rate will fall. B. unemployment rate will rise. C. labor force rate will rise. D. employment rate will rise.
An interest rate swap involving the exchange of floating-rate obligations for fixed-rate obligations is known as
A) swaption. B) swap option. C) forward swaps. D) plain vanilla.
Congested non-toll roads is an example of a _____
a. merit good b. club good c. common resource d. nonrenewable resource
(Consider This) Which of the following has been an effect of the U.S. government's ethanol program?
A. Prices for crops such as soybeans and sorghum have fallen dramatically. B. Prices for beef, pork, and chicken have risen. C. Water use has declined as corn is a less water-intensive crop. D. All of these effects have resulted from the ethanol program.