Even when the Obama administration succeeds with its effort to gain Congressional approval for its stimulus proposals, it will still take time for these policies to actually work. The time it takes for these policies to work is known as
A) automatic stabilization. B) crowding out.
C) inside lags. D) outside lags.
D
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Why is it important to understand fixed exchange rates in the modern global economy?
What will be an ideal response?
A nation's account with the International Monetary Fund is known as
A) a quota subscription. B) monetary deposits. C) monetary rights. D) international reserves.
The factory conditions of 19th century England that Karl Marx described may be found in his book, _______.
Fill in the blank(s) with the appropriate word(s).
When economists say that the supply for a product has increased, they mean that the
A. supply curve has shifted to the left. B. product has become particularly scarce for some reason. C. product has become more expensive and thus consumers are buying less of it. D. supply curve has shifted to the right.