To make rational forecasts, your predictions do not have to be correct all of the time.

Answer the following statement true (T) or false (F)


True

Economics

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Expansionary fiscal policy involves increasing government purchases or increasing taxes

Indicate whether the statement is true or false

Economics

Which of the following is an automatic stabilizer?

a. Unemployment insurance b. Government spending c. Net taxes d. The interest rate e. The minimum wage set by the government

Economics

When money serves as a means for determining the relative worth of goods, services, and resources, it is functioning as a:

A. standard of deferred payment. B. store of value. C. unit of account. D. medium of exchange.

Economics

If you own a bond with a seven percent coupon rate and new bonds are paying five percent, what will happen to your bond's market price?

What will be an ideal response?

Economics