A policy buying a wide range of financial assets from banks and other financial institutions in order to stimulate the economy is called:
A. precommitment policy.
B. quantitative easing.
C. operation twist.
D. money easing.
Answer: B
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Structural unemployment is a special type of cyclical unemployment
a. True b. False Indicate whether the statement is true or false
Bart operates a lemonade stand in front of his house. His father works at the Springfield Nuclear Power Plant. Which of the following is most likely to be true?
a. The long run is the same for the power plant as it is for the lemonade stand. b. The long run is longer for the power plant than it is for the lemonade stand. c. The long run is shorter for the power plant than it is for the lemonade stand. d. We cannot compare the long runs because these are different businesses. e. It's impossible for the power plant short run to be shorter than the lemonade stand's long run.
Properly enforced property rights will usually cause
A. lower levels of investment spending. B. lower levels of real interest rates. C. higher levels of investment spending. D. higher levels of real interest rates.
The questions below are based on the table below. Fill in the blank spaces first. How many will be employed if the labor market is perfect with a going wage of $18 and the product market is imperfect?
What will be an ideal response?