Typically the data lag is about
A) one month.
B) about a month and a half.
C) about three months.
D) about six months.
B
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The airline and trucking industries are two examples of industries that were regulated because they were natural monopolies
Indicate whether the statement is true or false
A hypothetical open economy has a marginal propensity to import (MPI) equal to 0.2 and a marginal propensity to consume equal to 0.7 . Assume that the economy is initially in equilibrium. What is the marginal propensity to save of this economy?
a. 0.2 b. 0.3 c. 0.7 d. 0.9 e. 0.6
Moral hazard:
A. is a normative judgement about the moral choices made by economic agents. B. is always present when adverse selection arises. C. is about actions and occurs after the parties have voluntarily entered into an agreement. D. All of these statements are true.
The Great Moderation refers to
a) Dramatic fall in business cycle volatility that occurred from the mid-1980s to the mid-2000s b) The general fall in business cycle volatility after the second world war c) The fall in global output that occurred after 2007 d) Improved monetary policy since the mid-1980s e) Improved fiscal policy since the mid-1980s