If the Federal Reserve raises the discount rate, we would expect the
A. AS curve to increase.
B. AD curve to increase.
C. Investment curve to increase.
D. AD curve to decrease.
Answer: D
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According to the table above, the money income distribution is ________ unequal than the market income distribution because ________ income reflects income redistribution through taxes and benefits
A) less; money B) less; market C) more; money D) more; market
Forecasts are
A) generally incorrect. B) predictions about the future. C) explanations of past occurrences. D) limited to short time periods.
A change in supply cannot be caused by a change in
a. resource prices b. technology c. prices of other goods d. the price of the good itself e. the number of suppliers
Dr. X, an assistant professor at a large state university, is trying to decide how to allocate the 50 hours a week she spends working among the various activities expected of an assistant professor. The professor wants to maximize her raise next year and the table shows estimates of how time spent in each activity will contribute to her raise:
Given the above information, how should she allocate her time?
A. 20 hours research, 16 hours teaching, 14 hours service B. 18 hours research, 16 hours teaching, 16 hours service C. 20 hours research, 15 hours teaching, 15 hours service D. 17 hours research, 17 hours teaching, 16 hours service E. none of the above