The portion of the Obama stimulus package that bolstered state welfare plans is best thought of as
A. monetary policy.
B. nondiscretionary fiscal policy.
C. discretionary (and expansionary) fiscal policy.
D. discretionary (and contractionary) fiscal policy.
Answer: B
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Both the demand for and supply of cars changes in France. You observe that the quantity of cars does not change but the price rises. Thus, which of the following occurred?
A) Demand increased and supply decreased by an equal amount. B) Demand and supply increased by an equal amount. C) Demand and supply decreased by an equal amount. D) Demand increased by a larger magnitude than supply decreased. E) Demand decreased and supply increased by an equal amount.
In a circular-flow diagram, the saving and taxation "pipes" are carrying
A) injections to firms. B) injections to households. C) leakages from firms. D) leakages from households.
What is the difference between a solution to a game in a pure strategy and a mixed strategy situation?
In recent years there has been ____ in men's labor force participation rate and ____ in women's labor force participation rate
a. an increase; an increase b. an increase; a decrease c. a decrease; an increase d. A decrease; a decrease