The "WIN" button approach to breaking a wage-price spiral was proposed by President Nixon to a joint session of Congress
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
In this graph for negative externalities in production, what is true at Q1?
a. The firm would be better off if production was lowered.
b. Society would be better off if production was lowered.
c. Marginal benefits are greater than marginal costs.
d. Marginal benefits are less than marginal costs.
In the basic aggregate demand - aggregate supply model, an decrease in oil prices will in the run lead to a ______ in real GDP, and ____ in the price level.
Fill in the blank(s) with the appropriate word(s).
Perhaps the most compelling argument against the redistribution of income is that __________.
a. it does not work b. it is unfair c. we cannot afford it
In the liquidity trap, monetary policy
A) has a large impact on interest rates. B) has a small impact on interest rates. C) has no impact on interest rates. D) has a proportionate impact on interest rates.