Which school calls for more information from policymakers so that people can incorporate government plans into their outlook for the future?
a. The new classical school
b. The new Keynesian school
c. The traditional Keynesian school
d. The monetarist school
e. The classical school
a
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Tom and Eric went to trade school at the same time. Each graduated with an associate's degree. They have received similar performance evaluations. Eric's employer is not a good business manager, and the sales manager lost a major deal. Because of the decrease in profits, the employees did not receive raises last year. Tom's employer is a savvy business manager and the sales manager is experienced
and works hard. If Tom has higher earnings than Eric, the difference is most likely a function of a. chance. b. differences in human capital. c. differences in signaling. d. discrimination.
Explain the two theories of desired income distribution: the egalitarian principle and the productivity standard
What will be an ideal response?
In the above figure, when this monopolistically competitive firm produces its profit-maximizing output, it sets a per-unit price of
A. $13. B. $10. C. $8. D. $11.
Which of the following would you expect to increase both interest rates and exchange rates?
A) expansionary monetary policy B) contractionary monetary policy C) expansionary fiscal policy D) Both B and C will increase both interest rates and exchange rates.