Goods and services purchased from international sources are
A. Net exports.
B. Gross investment.
C. Imports.
D. Exports.
Answer: C
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The upward trend in the U.S. labor force participation rate the past 50 years is explained by
A) the increase in the population. B) the increase in the male labor force participation rate. C) the increase in the number of discouraged workers. D) the increase in the female labor force participation rate. E) Both answers B and D are correct.
The monetarist statistical evidence examines the correlations between both ________ and ________ with ________
A) money; aggregate spending; the unemployment rate B) money; autonomous expenditures; the unemployment rate C) money; consumption spending; aggregate spending D) money; autonomous expenditures; aggregate spending
Which of the following would be most appropriate if the Federal Reserve wanted to increase the money supply in order to stimulate the economy?
a. Buy U.S. government securities. b. Force the Treasury to reduce the national debt. c. Raise the discount rate. d. Increase the reserve requirements.
When firms add workers and get more efficient, they are benefiting from
A. diminishing returns. B. diminishing marginal utility. C. the law of large numbers. D. the division of labor.