According to the real business cycle theory, which of the following would be a real disturbance to the economy?
A. increase in the labor force
B. reduction in the money supply
C. change in the required reserve ratio
D. increase in the price level
Answer: A
You might also like to view...
Suppose AT&T issues a five-year bond with a face value of $10,000 that pays an annual coupon payment of $300. What is the interest rate that AT&T is paying on the borrowed funds?
a. 15% b. 3% c. 10% d. 33%
Financial intermediaries ______.
a. use corporate profits for capital investment b. are residual claimants of corporate resources who receive a proportion of profits c. make household funds available to firms d. provide fixed, regular dividend payments to their clients
Use the table below to answer this question, which provides information on the production of a product that requires one variable input.InputTotal Product0015220332442550655758858956With the addition of the second unit of input, the marginal product is ________ and the average product is ________.
A. 10; 15 B. 15; 20 C. 25; 10 D. 15; 10
What is a voluntary export restraint (VER)?
What will be an ideal response?