The high unemployment of 2008-2010 caused a substantial decrease in inflation which created fears of deflation
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Refer to the scenario above. Tom should use ________ to play this game
A) backward induction B) forward induction C) mixed strategies D) his dominated strategy
A monopolist price discriminates by
a. charging different buyers different prices for different products b. charging different buyers different prices for the same product c. selling at a price below average total cost d. selling at a price below marginal cost e. selling at a price above marginal revenue
If at an interest rate of 7 percent, planned investment is $2 trillion, government spending is $3 trillion, net taxes are $2.8 trillion, and household saving is $2.2 trillion, what is the quantity of funds demanded at an interest rate of 7 percent?
a. $1.8 trillion b. $2.2 trillion c. $2.8 trillion d. $5.0 trillion e. $5.8 trillion
The successes of the 1960s were ascribed to the effects of
a. classical policies from the 1800s. b. classical policies from the 1930s. c. classical policies from the 1950s. d. Keynesian policies from the 1930s. e. Keynesian policies from the 1950s.