In the short run there is ________ relationship between the unemployment rate and the rate of inflation.
A. an indeterminant
B. no
C. a negative
D. a positive
Answer: C
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Suppose that the equilibrium price and quantity of new houses both increase. Which of the following could be a cause of this change?
A) The wage paid carpenters who build new houses might have risen. B) A technological advance in framing a new house might have occurred. C) The rent for nearby apartments might have fallen. D) More home buyers might have moved into the area. E) The cost of wood framing used to build houses might have fallen.
If banks are prevented from lending out funds, there will be no money creation in an economy
a. True b. False Indicate whether the statement is true or false
Which of the following is true about those graduating with college degrees?
a. The proportion of college degrees earned by women has been declining in recent decades. b. The proportion of college degrees earned by women has been virtually constant during the last four decades. c. In 2013, only about 43 percent of those graduating from college were women. d. In 2013, only about 43 percent of those graduating from college were men.
A decline in housing prices can help to push the economy into a recessionary gap
Indicate whether the statement is true or false