The AFL was headed by ___________ from 1886 until 1924.
Fill in the blank(s) with the appropriate word(s).
Samuel Gompers
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To save on negotiation costs when buying a car
a. Always go towards the end of the day, when the seller does not get a chance to make a counteroffer b. Threaten to leave if the car dealer says anything but yes to your offer c. Carry only one cashier's check that cannot be modified d. All of the above
The value of GDP calculated by the expenditure method: a. includes inflation, while the value of GDP calculated by the income method excludes inflation. b. excludes inflation, while the value of GDP calculated by the income method includes inflation. c. is always equal to the value of GDP calculated by the income method
d. is always greater than the value of GDP calculated by the income method.
Virtually all economists and policy makers agree that, within limits, higher employment is better. If this is true, couldn't the government create more employment by hiring people to dig holes and fill them in again? Is this good economic policy?
Same level of fiscal and monetary policy can be generated by _________________________________________, but the composition of GDP will be different in each case.
A. more than one mix of fiscal and monetary policy B. only fiscal policy C. monetary policy D. none of these