Assume that you are a policy adviser who believes that money demand is highly interest-sensitive but investment is not. Asked your advice on how to pull the economy out of a recession, you are likely to emphasize
A) contractionary monetary policy.
B) expansionary monetary policy.
C) contractionary fiscal policy.
D) expansionary fiscal policy.
D
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The concept of network externalities is most relevant to purchasers of
a. computer software. b. automobiles. c. television sets. d. radios.
Of the following countries, which has the most equal distribution of income? United States, Brazil, Mexico, China, Japan, Germany, United Kingdom, Russia
An increase in the wages paid to fishermen will have what effect on the fish market equilibrium?
A. Price will decrease, and quantity will decrease. B. Price will increase, and quantity will increase. C. Price will decrease, and quantity will increase. D. Price will increase, and quantity will decrease.
The average price of land used to grow food in Chicago is very high because
What will be an ideal response?