Rapid growth in M2 is likely to lead to ________
A) low demand for labor B) high levels of inflation
C) low levels of investment D) high real interest rates
B
You might also like to view...
During the 20th century, U.S. death rates
(a) exhibited the same cyclical waves as birth rates. (b) fell with advancements in healthcare and medicine. (c) exhibited an upward trend. (d) generally stayed flat.
The system of measurement for expressing macroeconomic data is called
a. national income accounting. b. balance of payment accounting. c. generally accepted accounting principles. d. double entry bookkeeping.
According to most estimates, the size of the "underground" economy in the United States could be as large as
A. 10% of GDP. B. the "above-ground" economy. C. the state of Rhode Island. D. the economy of China.
Refer to the labor market diagrams. A monopsonistic labor market is represented by Figure:
A. 5.
B. 4.
C. 3.
D. 2.