The central difference between the standard theory and the structural stagnation hypothesis, when it comes to growth, is:
A. the federal funds rate.
B. the trend growth rate.
C. the level of inflation.
D. the natural rate of unemployment.
Answer: B
You might also like to view...
When Italy buys Boeing jets, the price Italy pays is ________ if it produced its own jets and the price Boeing receives is ________ than it could receive from an additional U.S. buyer
A) lower than; lower B) higher than; higher C) lower than; higher D) higher than; lower E) the same as; higher
Refer to Figure 4-3. What area represents producer surplus at P2?
A) A + B + D B) B + D + G C) B + C + D + E D) B + D
If demand and supply both increase
A) the equilibrium quantity definitely will increase and market clearing price definitely will decrease. B) the equilibrium quantity definitely will increase and market clearing price definitely will increase. C) the equilibrium quantity definitely will increase but the change in market clearing price cannot be determined without more information. D) market clearing price definitely will increase but the change in the equilibrium quantity cannot be determined without further information.
Laws that require children to be inoculated against certain diseases before they enter kindergarten are examples of the command approach
a. True b. False Indicate whether the statement is true or false