After nearly tripling the money supply after the housing market crash and subsequent financial crisis, inflation:
A. began to spiral out of control, due to the newfound solvency of banks, increasing lending and thus the money multiplier effect.
B. continued to fall, due to the lack of consumer confidence in the market, decreasing the marginal propensity to consume.
C. stayed relatively low, due to the lack of lending by banks, reducing the effectiveness of the money multiplier.
D. has slowly increased, due to restored consumer confidence in the market, increasing the marginal propensity to consume.
C. stayed relatively low, due to the lack of lending by banks, reducing the effectiveness of the money multiplier.
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Hedge funds require large minimum investments ranging from ________ to ________ or more
A) $100,000; $1 million B) $1000; $10,000 C) $100; $1000 D) $$10,000; $25,000
In every age group, average income in the United States increases with education
a. True b. False
The government might increase its spending to end a recession because:
A. allowing the short-run aggregate supply to adjust since back to the long-run can take a long time. B. the economy enjoys a higher level of output in the long run. C. the economy experiences lower prices at the long-run equilibrium. D. None of these justify why the government might change its spending to end a recession.
Labor unions may increase worker productivity by facilitating smooth relations between labor and management.
Answer the following statement true (T) or false (F)