A rightward shift of aggregate demand will raise output only if
A) wages remain unchanged.
B) wages rise by a lower percentage than prices.
C) wages rise by the same percentage as prices.
D) wages rise by a greater percentage than prices.
B
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Where are the final goods and services produced that are included in Germany's GDP?
A) anywhere, as long as they are produced using German labor B) within Germany C) within Germany but only if they are produced using only German resources D) outside of Germany E) anywhere, as long as they are produced using German resources
Prior to 1863, all commercial banks in the United States
A) were chartered by the U.S. Treasury Department. B) were chartered by the banking commission of the state in which they operated. C) were regulated by the Federal Reserve. D) were regulated by the central bank.
Even when people know the purchasing power of the currency is declining, they continue to use the currency because
A) they have no other choice. B) its value is holding better than any other asset. C) its value is still predictable. D) it still has some intrinsic value.
Search and wait unemployment is another way to describe
A. frictional unemployment. B. noncyclical unemployment. C. structural unemployment. D. cyclical unemployment.