If the price of inputs rises and personal income taxes rise:
a. Price index rises, and the change in real GDP is uncertain.
b. Price index falls, and real GDP rises.
c. Price index falls, and real GDP falls.
d. Price index falls, and the change in real GDP is uncertain.
e. The change in price index is uncertain, and real GDP falls.
.E
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If an employee receives health insurance through his or her employer, the employer
A) still withholds contributions for Medicare and Medicaid from the employee's paycheck. B) still withholds contributions for Medicaid, but not Medicare, from the employee's paycheck. C) still withholds contributions for Medicare, but not Medicaid, from the employee's paycheck. D) is no longer required to withhold contributions for Medicare or Medicaid from the employee's paycheck.
Empirical evidence indicates that money demand is determined by
A) interest rates and the level of GDP. B) the inflation rate and the unemployment rate. C) interest rates and the money supply. D) the money supply and the level of GDP.
The act of buying a commodity in one market at a lower price and selling it in another market at a higher price is known as:
a. selling short. b. buying long. c. arbitrage. d. a tariff.
Why is the interest rate on U.S. Treasury securities lower than on other types of bonds?
What will be an ideal response?