Which of the following macroeconomic models suggests that the economy is "unstable at times as a result of human intervention"?
Answer: Austrian School of Economics
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Everything else held constant, a decrease in marginal tax rates would likely have the effect of ________ the demand for municipal bonds, and ________ the demand for U.S. government bonds
A) increasing; increasing B) increasing; decreasing C) decreasing; increasing D) decreasing; decreasing
The ratio that relates the change in the money supply to a given change in the monetary base is called the
A) money multiplier. B) required reserve ratio. C) deposit ratio. D) discount rate.
The industry indicated by the graphs below would be a(n):
A. Increasing-cost industry
B. Decreasing-cost industry
C. Constant-cost industry
D. Monopoly industry
GDP figures are in billions of dollars
Refer to the above table. What is the GDP price index in Year 1?
A.
105.2
B.
108.3
C.
109.6
D.
111.5