A spending shock is a change in spending that ultimately affects the entire economy

a. True
b. False


A

Economics

You might also like to view...

The Federal Home Loan Bank Board and the FSLIC, both of which failed in their regulatory tasks, were abolished by the

A) Competitive Equality Banking Act of 1987. B) Financial Institutions Reform, Recovery and Enforcement Act of 1989. C) Office of Thrift Supervision. D) Office of the Comptroller of the Currency.

Economics

Goldin (2001) refers to the 20th century as the "human capital" century and credits education for the rise in overall income

Indicate whether the statement is true or false

Economics

Having a government agency certify bond rating agencies may not be desirable

Indicate whether the statement is true or false

Economics

Which of the following does the country of Fuggedaboutit not have to be concerned about?

a. choosing a system of resource ownership b. allocating resources c. earning a profit for its owners d. providing individual incentives e. answering the three economic questions

Economics