If a country is trying to recover from a recent recession, it is unlikely their government officials will decide to ________ because it would ________
A) raise interest rates; decrease aggregate demand
B) institute a tax cut; increase aggregate demand
C) raise interest rates; increase aggregate demand
D) increase taxes; increase aggregate demand
E) lower interest rates; decrease aggregate demand
A
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Nonfinancial businesses in Germany, Japan, and Canada raise most of their funds
A) by issuing stock. B) by issuing bonds. C) from nonbank loans. D) from bank loans.
The price of a pollution right is
a. determined by consumers b. determined by government c. a user charge d. determined by supply and demand e. a subsidy
Slower real wage growth in the U.S. since the 1970s accompanied by rapid job growth, can be explained by:
A. a productivity slowdown accompanied by a decrease in the labor supply. B. skill-biased technological change. C. globalization. D. a productivity slowdown accompanied by an increase in the labor supply.
What is the role of the IMF for debtor nations experiencing repayment problems? The IMF has been criticized for imposing conditions that restrict economic growth and lower living standards in borrowing countries
Do you support this view? Why or why not? Briefly explain.