Holding other factors constant, if employers automatically enroll employees in retirement savings programs in order to overcome psychological barriers to saving, then the real interest rate will ________ and the equilibrium quantity of saving and investment will ________.
A. increase; decrease
B. increase; increase
C. increase; not change
D. decrease; increase
Answer: D
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Does inherited wealth make the distribution of income less equal or more equal?
What will be an ideal response?
According to Figure 6.1, in postwar U.S history ________
A) productivity growth was always exceeded by labor growth B) labor growth has always exceeded capital growth C) productivity growth has always exceeded capital growth D) output growth has always exceeded productivity growth
Under the Coinage Act of 1792:
a. gold coins contained more metal than silver coins of the same denomination. b. silver coins contained more metal than gold coins of the same denomination. c. gold coins contained about the same amount of metal as silver coins of the same denomination. d. gold coins were minted only in high denominations and silver coins were minted only in low denominations.
The smaller the underground economy the more will be the overstatement of the official unemployment rate
a. True b. False Indicate whether the statement is true or false