The portion of US debt owned by the Federal Reserve
A. dropped quickly from 2010 to 2015, from a peak in 2010.
B. dropped to an all-time low in 2015.
C. rose from around 6% to around 12% as a result of the Great Recession.
D. continues to rise.
Answer: C
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A) 1980 B) 1985 C) 1990 D) 1998
A firm's labor demand curve is also its marginal revenue product curve. For both the perfectly competitive firm and the output price maker, the labor demand curve slopes downwards
However, there is a difference in the reasons why the labor demand curve slopes downwards. What is this difference?
Government decreasing taxes is an example of:
A. expansionary fiscal policy. B. contractionary fiscal policy. C. expansionary monetary policy. D. contractionary monetary policy.
Assume the MPC is 0.625 . Assume there is a multiplier effect and that the total crowding-out effect is $12 billion. An increase in government purchases of $30 billion will shift aggregate demand to the
a. left by $60 billion. b. left by $36 billion. c. right by $68 billion. d. right by $36 billion.