Households constitute the demand side of a labor market
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Which of the following can explain why some countries have not experienced relatively high growth rates in real GDP per capita despite relatively low initial levels of real GDP per capita?
A) Countries that are relatively poor are more likely to experience wars and revolutions. B) Countries that are relatively poor are likely to have a lower quality of health care. C) Many of these developing countries do not have a functioning court system that can enforce laws. D) all of the above
A perfectly competitive firm has a horizontal demand curve because it can sell as much as it wants at the market price.
Answer the following statement true (T) or false (F)
Which of the following is true?
a. Keynesians advocate increasing the money supply during economic recessions but decreasing the money supply during economic expansions. b. Monetarists advocate increasing the money supply by a constant rate year after year. c. Keynesians argue that the crowding-out effect is rather insignificant. d. Monetarists argue that the crowding-out effect is rather large. e. All of these.
It is more certain how expansionary monetary policy will affect the current account than how expansionary fiscal policy will affect it
Indicate whether the statement is true or false