Positive incentives do not:
a. increase benefits
b. result in an increased level of the related activity.
c. reduce costs.
d. discourage consumption.
d
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What are the four explanations given as to why the Fed did not intervene to stabilize the banking system during the Great Depression?
What will be an ideal response?
After World War II (1941–45), the U.S. public debt
(a) remained unchanged in 1947 even though the government ran a budget surplus (government expenditures fell below revenues in 1947). (b) continued to rise even though the government ran a budget surplus at times. (c) decreased even though the government ran a budget surplus continuously. (d) remained high while the government continuously ran deficits.
In short-run macroeconomic equilibrium
What will be an ideal response?
Which of the following would NOT be a reason for a shift in the labor demand curve?
A) a change in demand for the final product B) a change in labor productivity C) a change in the market wage rate D) a change in the price of a related input