The monetarist statistical evidence examines the correlations between both ________ and ________ with ________
A) money; aggregate spending; the unemployment rate
B) money; autonomous expenditures; the unemployment rate
C) money; consumption spending; aggregate spending
D) money; autonomous expenditures; aggregate spending
D
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Are the goals of monetary policy in harmony or in conflict (a) in the long run and (b) in the short run?
What will be an ideal response?
Government statisticians adjust GDP figures to include estimates of
A) the value of homemaking (work done within the home). B) the underground economy. C) child-rearing services provided by stay-at-home parents. D) the costs of pollution to society.
Individuals in favor of privatization of Social Security believe that it would allow people to:
a. evade the exorbitant rates of Social Security taxes. b. substitute purchases of stocks and other financial assets for a portion of their Social Security taxes. c. lower their medical bill by taking extra precaution and care for their health. d. experience a lower inflation in healthcare services.
Points inside (below) the production possibilities frontier (PPF) are
A) unattainable. B) attainable, but productive inefficient. C) preferable to points that lie on the PPF. D) attainable and productive efficient.