Stabilization policy may be necessary to slow down the speed of the adjustment process
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Which of the following is least accurate in characterizing changes in retailing in the second half of the 19th century?
a. Large growth in the number of department stores b. Large growth in the number of chain stores c. Large growth in the number of "general stores" d. Large growth in the number of mail-order houses
If the CPI is 220 and nominal income is $37,000, approximately what does real income equal?
A) $81,400 B) $16,818 C) $76,500 D) $44,118
Briefly and concisely define the following terms and explain their relevance to the study of economics. a. industrial and craft unions b. closed shop c. union shop d. bilateral monopoly e. collective-bargaining agreement
What will be an ideal response?
Which of the following firms best fits the definition of a monopoly?
A. General Motors B. Exxon Mobil C. Local electric utility D. AT&T