The idea of policy making being undertaken as a response to a change in the economy is referred to as
A) active policy making.
B) non-discretionary policy making.
C) passive policy making.
D) Keynesianism.
A
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If buyers expect prices to ________ faster than the interest rate, it makes sense to _____ as much money as possible to _____ now in order to ______ in the future
a. Increase; borrow; buy; sell b. increase; save; buy; sell c. decrease; save; buy; sell d. decrease; borrow; sell; buy
If all workers and all jobs were the same such that all workers were equally well suited for all jobs, then job search would not be a problem
a. True b. False Indicate whether the statement is true or false
Static tax analysis assumes that
A) an increase in a tax rate may lead to a decrease in the tax base. B) an increase in a tax rate will lead to an increase in the tax base. C) an increase in a tax rate will leave the tax base unchanged. D) the tax base will always remain unchanged.
The financial crisis that started in 2007 was unusual because it started in an advanced economy, the United States
Indicate whether the statement is true or false