If the economy is experiencing unemployment, then the most appropriate government policy would be to:
A. shift the aggregate demand curve by using a tax increase coupled with spending cuts.
B. shift the aggregate demand curve by using a tax increase coupled with more spending.
C. shift the aggregate supply curve by using a tax cut coupled with spending cuts.
D. shift the aggregate demand curve by using a tax cut coupled with more spending.
Answer: D
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Currency substitution means
(a) use of money instead of barter. (b) use of countertrade instead of money. (c) use of foreign exchange instead of domestic currency. (d) all of the above. (e) none of the above.
In the U.S., the employment ratio is highest among ________, and lowest among ________
A) women; both sexes combined B) men; college-educated workers C) women; men D) men; women
If the merger of two firms is challenged by an antitrust agency, one possible solution is for the firms to ________.
A) sell some of their assets to a third firm to avoid reducing competition. B) include more than three firms in the merger. C) include a third firm in the merger. D) sell their assets to each other to avoid reducing competition.
Spending on an education is considered an investment because it involves a sacrifice of current income for higher expected future income
a. True b. False Indicate whether the statement is true or false