Over the last several decades, the amount of government investment in U.S. infrastructure in real terms has:
a. remained the same
b. decreased.
c. increased marginally.
d. increased substantially.
b
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Most spells of unemployment are short, and most unemployment observed at any given time is long-term
a. True b. False Indicate whether the statement is true or false
The World Bank defines ________ poverty as an income of less than $1.90 per day per person.
A. severe B. relentless C. extreme D. extraordinary
With no inflation, a bank would be willing to lend a small business firm $5 million at an annual interest rate of 3 percent. But, if the rate of inflation was anticipated to be 4 percent, the bank would charge the firm an annual interest rate of:
A. 7 percent. B. 3 percent. C. 4 percent. D. 10 percent.
Which of the following is not a macroeconomic question?
A. Should we have a constitutional amendment requiring the federal government to balance the budget each year? B. Should restaurants be required to list the number of calories for each product on their menus? C. How does a fiscal stimulus package affect gross domestic product? D. Should Congress enact tougher immigration laws to reduce unemployment?