Which of the following are characteristics of market based regulations?
A) regulatory tripwires
B) monitoring the value of a bank's subordinated debt instruments
C) Market traders must have good information about depository institution risk.
D) all of the above
D
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As wages and prices become more sticky ________
A) the short-run Phillips curve gets flatter B) wages become less responsive to unemployment deviations from the natural rate C) it becomes easier to differentiate the short-run from the long-run Phillips curve D) all of the above E) none of the above
Refer to the graph shown. Assume the economy is in short-run equilibrium at point A below potential output. The government opts for an expansionary fiscal policy in an attempt to pull the economy out of the recession. Not considering shifts in aggregate supply, an economist with a functional finance view, who also believes in a full crowding out effect, would conclude that the economy will end up at point:
A. A. B. B. C. C. D. D.
Using Figure 1.6, we know the production of 90 units of soda and 1 unit of pizza is 
A. impossible because we have the resources but do not have the technology. B. possible, but there would be unemployed resources. C. possible, but only if all resources were fully employed. D. impossible because we have the technology but do not have the resources.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from
A. B to A. B. A to C. C. C to D. D. B to D.