The increasing availability of temporary job placement agencies and online job services has ________ the efficiency of matching workers and jobs, and has therefore ________ the natural rate of unemployment in the United States.
A. decreased; increased
B. increased; increased
C. increased; decreased
D. decreased; decreased
Answer: C
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If a general sales tax is enacted, we can predict with certainty that individuals will work less
a. True b. False
Which of the following is correct?
a. The Fed can control the money supply precisely. b. The amount of money in the economy does not depend on the behavior of depositors. c. The amount of money in the economy depends in part on the behavior of banks. d. None of the above is correct.
According to Keynesians, an increase in the money supply will have its least impact on GDP when the aggregate demand curve intersects:
A. the horizontal portion of the aggregate supply curve. B. the vertical portion of the aggregate supply curve. C. the upward sloping portion of the aggregate supply curve. D. either the horizontal or upward sloping portion of the aggregate supply curve.
The joining of firms that are producing or selling a similar product is
A) competition by merger. B) a vertical merger. C) a horizontal merger. D) a hostile takeover.