Today, the world is not just experiencing more change or more rapid change, but qualitatively new conditions, particularly a dramatic loss in the ability of states to
a. protect their borders.
b. maintain democratic governments.
c. control economies.
d. wage war.
c. control economies
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Government support of basic research by funding scientists through the National Science Foundation is an example of a government policy to promote economic growth by:
A. increasing human capital. B. increasing physical capital. C. increasing the availability of natural resources. D. improving technology.
Classical economists argue that the velocity of money is unchanging, regardless of changes in M, P, or Q
Indicate whether the statement is true or false
The "Taylor rule" is an example of a fixed rule for making monetary policy
a. True b. False Indicate whether the statement is true or false
The price level effects consumer spending through changes in real
a. disposable income. b. interest rates. c. wealth. d. GDP.