An emphasis on inflation stability is compatible with a nonactivist stance only when shocks to the macroeconomy are ________
A) permanent supply shocks
B) temporary supply shocks
C) aggregate demand shocks
D) all of the above
E) none of the above
B
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Deciding how a society's products are distributed among its citizens answers the economic question of
A) how will the products be produced. B) where will the products be consumed. C) what products will be produced. D) who consumes the products produced.
Why is the debate between the international dependence and the neoclassical counter-revolution schools referred to as "finger pointing?"
What will be an ideal response?
What famous economist said, "By pursuing his own interest he (an individual) frequently promotes that of the society more effectually than when he really intends to promote it?"
a. Alfred Marshall. b. Adam Smith. c. Karl Marx. d. Robert L. Heilbroner.
In 2009, ______________ of Americans owed no federal income taxes.
A. 60% B. 47% C. 38% D. 26%