Automatic stabilizers include those elements of government spending that automatically grow during a recession.
Answer the following statement true (T) or false (F)
True
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If the demand for jelly increases, and the price of grapes (used to make jelly) rises
A) the equilibrium quantity of jelly falls and the equilibrium price of jelly might rise or fall. B) the equilibrium price of jelly falls and the equilibrium quantity of jelly might rise or fall. C) the equilibrium price of jelly rises and the equilibrium quantity of jelly might rise or fall. D) the equilibrium price of jelly falls and the equilibrium quantity of jelly rises.
Standardized tests are used in efforts to make schools more accountable.
A. True B. False C. Uncertain
What percent of the world's nations have at least five significant ethnic populations?
a. 0–10 b. 10–20 c. 20–30 d. 30–40 e. over 40
Headline inflation is:
A. core inflation with the prices of food and gasoline added in. B. limited measure of inflation in the economy. C. used only by the media for discussing inflation. D. not a generally accepted measure of inflation.