a. Product markets
a. Money markets
b. Resource markets
c. Stock markets
d. Product markets
b. Resource markets
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Expansionary fiscal policy includes an increase in government spending, a decrease in taxes or some combination of the two
Indicate whether the statement is true or false
Plumbers and carpenters are examples of industrial unions
a. True b. False
Assume that the interest rate on a federally insured deposit declines from 15 percent per annum to 10 percent. If an individual holding a U.S. Treasury bill worth $2,500 plans to sell it after this drop in interest rate, he would realize (approximately) a:
a. capital gain worth $99. b. capital loss worth $100. c. capital gain worth $100. d. capital loss worth $99.
More education and better technology contribute to an increase in productivity, ceteris paribus.
Answer the following statement true (T) or false (F)