Refer to Figure 16-9. Given that the economy has moved from point A to point B in the graph above, which of the following would be the appropriate fiscal policy to achieve potential GDP?

A) decrease the money supply B) increase interest rates
C) increase government spending D) increase taxes


D

Economics

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As of 2007, the United States is the world's largest importer

Indicate whether the statement is true or false

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Refer to Table 15.1. The sources of government funds for Arugula in 2012 total

A) $135 million. B) $195 million. C) $380 million. D) $600 million.

Economics

The cost of capital and interest expense are the same thing

Indicate whether the statement is true or false

Economics

The manager of the customer service department at a bank can hire employees with a high school degree (HS) who earn $10,000 annually or employees with a bachelor's degree (B) who earn $20,000. The manager wants to maximize the number of customers served given a fixed payroll. Given the above info, if the manager currently has three HS and three B, what must be true?

A. The manager is not making the correct decision because bachelor's degree holders are more productive at all levels of customer served. B. The manager is making the correct decision because the marginal contributions are proportionate. C. More customers could be served if the manager hires fewer HS and more B. D. More customers could be served if the manager hires more HS and fewer B.

Economics