In short-run macroeconomics equilibrium...
What will be an ideal response?
real GDP and the price level are determined by short-run aggregate supply and aggregate demand
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The German Hyperinflation of the early 1920s was caused by
A) large deficits resulting from the high levels of war spending and falling taxes. B) rising oil prices after World War I caused a severe stagflation and hyperinflation. C) an overly aggressive monetary policy implemented to combat a severe recession. D) the German government raising funds for expenditures by selling bonds to the central bank.
If a fair gamble is played many times, the combined monetary losses or gains will
a. approach zero. b. be negative. c. be positive. d. result in an outcome that cannot be determined without more information.
When setting reimbursement rates, states must
A. pay what private insurance companies pay in the state. B. pay enough so that adequate services are available. C. pay the median rate charged by physicians in the state for each procedure. D. follow a uniform national standard.
NOW and ATS accounts are included in
A. Both M1 and M2. B. M1 only. C. M2 only. D. None of the choices are correct.