A weakening in consumer confidence causes a
A) shift of the aggregate demand curve to the right.
B) movement down along the aggregate demand curve.
C) shift of the aggregate demand curve to the left.
D) movement up along the aggregate demand curve.
C
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Assuming full employment, if the private sector saves 8 percent of its income and the government raises taxes by $500 to finance public investments, total investment will increase by $460
Indicate whether the statement is true or false
Labor hoarding occurs when
A) firms keep good workers so other firms can't hire them. B) the unemployment rate exceeds the natural rate of unemployment. C) involuntary unemployment exceeds voluntary unemployment. D) because of hiring and firing costs, firms retain workers in a recession that they would otherwise lay off.
The simplest money-creation multiplier is equal to
A) eD. B) H/e. C) 1/e. D) e/H. E) H/D.
One cause of low rates of marriage among black women is the decline in the pool of marriageable men
Indicate whether the statement is true or false