An increase in consumer confidence will tend to cause which of the following to occur?
A) a rightward shift in the IS curve
B) a leftward shift in the IS curve
C) an upward shift in the LM curve
D) a downward shift in the LM curve
A
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If a person is laid off from a job, he is considered by the Bureau of Labor Statistics to be a
A) job leaver. B) reentrant. C) job loser. D) new entrant.
Which of the following is an example of a microeconomic decision?
A) an individual deciding how to allocate the time he or she has for work and leisure B) a small shoe factory deciding how much leather to purchase for the next quarter's production need C) a multinational company deciding where to relocate its world headquarter D) All of the above answers are correct.
It is best to view the official unemployment rate as a useful but imperfect measure of joblessness
a. True b. False Indicate whether the statement is true or false
Which of the following is the objective of expansionary monetary policy?
A. an increase in employment B. a decrease in employment C. an increase in the velocity of money D. an increase in prices proportional to the rise in the money supply