(Consider This) The PPACA created incentives for firms to:
A. expand their workforces.
B. provide on-site medical care for their workers.
C. reduce workers to part-time status.
D. fire workers with medical problems.
Answer: C
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Which factor receives the profit from production?
a. land b. labor c. capital d. entrepreneurship
Some economists have found that U.S. imports of Chinese goods and resources
A) lower the price of goods for U.S. consumers. B) lower the cost of inputs for U.S. firms. C) increase the variety of products in U.S. markets. D) may enhance productivity of U.S. firms. E) all of the above
The equation now called the ______________ starts with a 2 percent real interest rate, and then instructs the Fed to lower the interest rate in proportion to any recessionary gap and to raise it in proportion to any excess of inflation above 2 percent.
A. Taylor rule B. rule of 70 C. Spencer’s rule D. None of the above is correct.
Supply-side inflation could be caused by which of the following?
A. an increase in long-run aggregate supply B. a decrease in aggregate demand C. an increase in aggregate demand D. a decrease in long-run aggregate supply