By raising aggregate demand more than anticipated, policymakers
a. reduce unemployment for awhile.
b. raise unemployment for awhile.
c. reduce unemployment permanently.
d. None of the above is correct.
a
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If Jose is 22-years old, is available to work but does not have a job and made no specific efforts to find a job for the previous month, Jose is classified in the Current Population Survey as
A) not in the labor force. B) not in the working-age population. C) unemployed. D) in the labor force but not in the working-age population. E) employed.
If the annual interest rate is 5%, the net present value of receiving $550 in the next year is:
a. $550 b. $523.80 c. $577.50 d. $500
National debt can be defined as:
a. the total money supply in the economy. b. the total stock of government bonds outstanding. c. the difference between real GDP and potential GDP. d. the change in fiscal deficit that results from an increase in government spending. e. the total volume of private investment in the country.
Which act of Congress declared tying contracts, exclusive dealing, and price discrimination illegal?
A. Celler-Kefauver Act. B. Sherman Antitrust Act. C. Clayton Act. D. Robinson-Patman Act.