Which of the following is true of labor force participation rates?
a. In 2000, 64.8% of all workers were men.
b. In 1950, 33.9% of all workers were women.
c. In 2000, labor force participation for men fell for the first time.
d. In 2010, labor force participation for women fell for the first time.
d. In 2010, labor force participation for women fell for the first time.
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The most common type of macroeconomic imbalance is overly expansionary fiscal policies that create large government budget deficits, often financed by a high growth rate of the money supply
Indicate whether the statement is true or false
A Portuguese company exchanges euros for $60,000 from a U.S. bank. The Portuguese firm then uses the dollars to purchase $60,000 of canning equipment from a U.S. company. As a result of these two transactions alone
a. both U.S. net capital outflow and U.S. net exports rise. b. U.S. net capital outflow rose and U.S. net exports fall. c. U.S. net capital outflow fell and U.S. net exports rise. d. both U.S. net capital and U.S. net exports fall.
Raf is considering buying a new car. Which of the following would the average economist believe is most influential in determining whether or not he decides to make the purchase?
a. how much remains on the mortgage to his home b. how much income remains after he has paid taxes and all required debts c. how much total credit remains on his credit cards d. how much his home would sell for if he were to put it on the market today
A decrease in aggregate demand in the short run will reduce ________.
A. the price level and increase the real domestic output B. the real domestic output and have no effect on the price level C. both real output and the price level D. the price level and have no effect on real domestic output