A 1995 evaluation concluded that programs that emphasized labor force attachment (work experience) were much more successful than programs that emphasized human capital development
Indicate whether the statement is true or false
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The Federal Reserve econometric model emphasizes the impact of the wealth effect on
A) consumption. B) government spending. C) business investment. D) exports.
Which of the following statements describes the situation shown?
a. The graph shows supply and demand curves for the U.S. dollar.
b. As the price of the euro falls relative to the U.S. dollar, European products become relatively cheaper to U.S. consumers.
c. The graph shows the value of the euro compared to all other currencies.
d. As the price of the euro falls relative to the U.S. dollar, American consumers buy fewer European goods.
An increase in Swiss interest rates will cause:
A. an increase in the demand for U.S. dollars and an increase in the exchange rate of Swiss francs per dollar. B. a decrease in the demand for U.S. dollars and a decrease in the exchange rate of Swiss francs per dollar. C. an increase in the supply of U.S. dollars and a decrease in the exchange rate of Swiss francs per dollar. D. a decrease in the supply of U.S. dollars and an increase in the exchange rate of Swiss francs per dollar.
Based on the figure below. An economy in short-run equilibrium at point A has a(n) ________ gap. The gap could be eliminated by the self-correcting mechanism of the economy and eventually achieve long-run equilibrium at point ________ or the central bank could intervene with monetary easing establishing the long-run equilibrium at point ________.
A. recessionary; B; C B. expansionary; B; C C. expansionary; C; B D. recessionary; C; B