The unemployment rates for men are:
What will be an ideal response?
b. Very similar to those for women
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Printing dollar bills without limit.
Answer the following statement(s) true (T) or false (F)
Define real shocks, define nominal shocks, and give an example of each
What will be an ideal response?
Adaptive expectations are formed ________
A) from experience B) from best guesses about the future C) as new information becomes available D) as a weighted average of expert forecasts
If both the MU and MC of flower pots is $1.50 and the MU and MC of coffee cups is $2, then economic efficiency would require
A. increased production of flower pots. B. increased production of coffee cups. C. the price of coffee cups to exceed the price of flower pots. D. the price of flower pots to exceed the price of coffee cups.