A decrease in the government budget deficit decreases the ________ loanable funds and an increase in the government budget surplus increases the ________ loanable funds
A) demand for; demand for
B) demand for; supply of
C) supply of; demand for
D) supply of; supply of
B
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A game in which pursuing dominant strategies results in noncooperation that leaves all parties worse off is a
A) prisoner's dilemma. B) cooperative equilibrium. C) zero-sum game. D) first-price auction.
When the actual exceeds the natural unemployment rate, this means that we have ________ unemployment
A) positive structural B) negative structural C) positive cyclical D) negative cyclical
Which of the following factors makes the official unemployment rate an overstatement of the actual level of unemployment in the economy?
a. Inclusion of discouraged workers b. Inclusion of those only working part time c. Inclusion of those who are overqualified for their current jobs d. Inclusion of those who are marginally attached to the labor force e. Inclusion of those who pretend to look for work in order to qualify for welfare programs
Changes in how quickly money circulates through the economy can cause problems for __________ policy.
a. monetary b. fiscal c. tax d. trade