Historical evidence shows that the relationship between interest rates and investment is
A) indeterminable.
B) positive.
C) negative.
D) None of the above.
B
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The short-run macro model
a. is an attempt to explain why the economy tends to perform better in the short run than in the long run b. was developed during the Great Depression to explain the economy's continuing poor performance c. lost its popularity during the 1950s d. was developed during the early 19th century e. explains the forces that work to drive the economy to full employment
Under the 2009 jobs stimulus bill signed by President Obama, who can apply for aid after losing their job due to import competition?
a. service sector workers b. Farmers c. neither service sector workers nor farmers d. both service sector workers and farmers
A plastics manufacturer can make either toys or containers. If the demand for toys increases, then the:
a. Supply of containers will decrease b. Supply of containers will increase c. Demand for containers will decrease d. Demand for containers will increase
Income security expenditures include
A. Medicare, Social Security, and unemployment compensation. B. Social Security and disability benefits, but not Medicare. C. unemployment compensation, disability benefits, and Medicare, but not Social Security. D. transfer payments to the disadvantaged, but not transfer payments to the elderly.