If Good A has fewer close substitutes than Good B, then the supply of Good A is less elastic than that of Good B
a. True
b. False
Indicate whether the statement is true or false
True
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Assuming perfect asset substitutability, can sterilized intervention by the central bank be effective? Please discuss
What will be an ideal response?
If an economy is operating at short-run equilibrium below the level of real GDP, the self-correction model result is that: a. unemployment increases
b. unemployment falls. c. cyclical unemployment increases. d. frictional and structural unemployment increase.
The intended use of TARP funds was to
A. support the FDIC. B. increase consumers’ disposable income. C. fund “shovel-ready” projects. D. purchase unwanted securities.
To be valid, acceptable, and useful, job information must be _____.
A. authentic B. technical C. industry specific D. up to date