NIPA means
A) New Income and Price Accounting.
B) National Investment and Productivity Approach.
C) Neutral Increase of Production Allocation.
D) National Income and Product Accounts.
D
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The currency crisis of 1992 caused France and a number of other countries to choose between
A) a single currency for the EU and keeping their own currency. B) doing the right thing for their domestic economy and defending the exchange rate. C) lowering interest rates and reducing unemployment. D) competitive devaluations and falling unemployment. E) the Maastricht Treaty and the Single European Act.
If the Fed expands the money supply by $1 trillion, what will happen in the money market?
a. The equilibrium interest rate will rise, and less money will be exchanged in equilibrium. b. The equilibrium interest rate will fall, and more money will exchanged in equilibrium. c. The equilibrium interest rate will not change. d. None of the above.
An increase in the money supply shifts the long-run aggregate supply curve to the right
a. True b. False Indicate whether the statement is true or false
Individual employment and training programs are levers most likely to be advocated by:
A. Classical economists. B. New classical economists. C. Keynesians. D. Supply-side economists.