At full employment there is no:
A. structural unemployment.
B. cyclical unemployment.
C. frictional unemployment.
D. All of these
Answer: B
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When the Fed buys government bonds on the open market, the money supply expands
Indicate whether the statement is true or false
Explain the difference between cardinal and ordinal utility. Which is better to use when modeling consumer behavior and why?
Please provide the best answer for the statement.
If foreign residents buy U.S. Treasury securities to finance the budget deficit, then which of the following will likely occur?
A. a decrease in the trade deficit B. a reduction in the public debt C. there will be a trade balance D. an increase in the trade deficit
Related to the Economics in Practice on page 238: An investor in the stock market experiences capital gains whenever
A. the company that issued the stock makes a profit. B. shares of stock are sold for mor e than their purchase price. C. shares of stock are sold. D. shares of stock are traded for stock in another company.