Which of the following can be considered as an automatic stabilizer in the economy?
a. Real exchange rate
b. Real interest rate
c. Unemployment insurance
d. Money supply
e. Disposable income
c
Economics
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An adverse supply shock shifts the short-run Phillips curve to the left
a. True b. False Indicate whether the statement is true or false
Economics
Expectations that the price level will decrease in the future will
What will be an ideal response?
Economics
If two goods are complementary, it means that when the price of one good increases, the demand for the other rises.
Answer the following statement true (T) or false (F)
Economics
Using earnings potential in court cases to place a value on human life implies that a person who earns a high income is more valuable than a person who earns a low income.
Answer the following statement true (T) or false (F)
Economics