In the Keynesian framework, as long as output is ________ the equilibrium level, unplanned inventory investment will remain ________, firms will continue to lower production, and output will continue to fall
A) below; negative
B) above; negative
C) below; positive
D) above; positive
D
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Which of the following generation categories has the smallest population in the United States in 2015?
A) generation Y B) the baby boomers C) generation X D) the millennials
According to Peter Theil's book Zero to One,
A. there is only one market structure-perfect competition. B. there are two market structures-oligopoly and monopoly. C. there is only one market structure-dynamic monopoly. D. there are two market structures-oligopoly and competition.
The consumption function implies that
A. Consumption increases as disposable income increases. B. Autonomous consumption changes when people have low incomes. C. Disposable income inversely influences consumption. D. None of the choices are correct.
The natural rate of unemployment is
A. the unemployment rate that exists in long-run equilibrium, after adjustments to all changes have occurred. B. zero. C. the unemployment rate when there is no structural unemployment. D. the unemployment rate becomes negative.