Since 1990, recovery from all three recessions could be called _________________ recoveries generating a larger increase in national debt than previous recessions.
Fill in the blank(s) with the appropriate word(s).
jobless
Economics
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During which of the following periods was growth in GDP per capita the strongest?
A) prior to 500 A.D. B) 500 A.D. to 1800 A.D. C) 1800-1900 A.D. D) 1900-2000 A.D.
Economics
If prices in the New Keynesian model were perfectly flexible, then
A) there would be a role for monetary policy. B) the output gap would be positive. C) the equilibrium real interest rate would be the natural rate of interest. D) the output gap would be negative.
Economics
Trade can stifle the development of industries than might be more efficient than existing ones
Indicate whether the statement is true or false
Economics
At every point along the aggregate demand curve (assuming no foreign sector),
A) G = T. B) S = I. C) Y = C. D) Y = C + I + G.
Economics