The theory of population of _____ predicted that the world's population would increase faster than the food supply.
A. Thomas Robert Malthus
B. Mancur Olson
C. Lester Thurow
D. Edward Denison
A. Thomas Robert Malthus
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________,
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Research for a number of OECD countries suggests that inflation will be lower
A) the more independent the central bank. B) the less independent the central bank. C) if the heads of central banks are chosen by election. D) when the terms of the heads of central banks coincide with the terms of elected officials.
Explain the long-run relationship between real hourly earning and productivity
What will be an ideal response?
The required-reserve ratio is equal to:
A. A commercial bank's checkable-deposit liabilities divided by its required reserves B. A commercial bank's required reserves divided by its checkable-deposit liabilities C. A commercial bank's checkable-deposit liabilities multiplied by its excess reserves D. A commercial bank's excess reserves divided by its required reserves