All of the following policies are ways for a country to promote long-run economic growth except
A) imposing stricter regulations to limit foreign direct investment.
B) undergoing political reform to decrease corruption.
C) enacting stronger laws to protect property rights.
D) increasing vaccinations against infectious diseases.
A
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An inflation forecast developed in a Keynesian framework is likely to focus on
A) Federal Reserve policy. B) international gold movements. C) household and business spending decisions. D) the velocity of money.
A market economy allocates resources primarily in accordance with orders from government bureaucrats
a. True b. False Indicate whether the statement is true or false
The number of banks in the U.S. today is approximately:
A. 5,400. B. 800. C. 15,300. D. 200.
If the economy is slipping into a recession, which of the following would be an appropriate fiscal policy?
A) an increase in the money supply and a decrease in interest rates B) a decrease in government purchases C) a decrease in taxes D) a decrease in oil prices