Stock and Watson found that ________ was responsible for about 20—30 % of the reduction in output volatility that occurred in the mid-1980s
A) reduced shocks to productivity
B) reduced shocks to food and commodity prices
C) better monetary policy
D) better inventory control
C
You might also like to view...
Changes in interest rates, all else held constant, cause a shift in ________.
A. the investment demand curve, but not the aggregate demand curve B. the aggregate demand curve, but not the investment demand curve C. the investment demand curve and the aggregate demand curve D. either the investment demand curve or the aggregate demand curve
Based on the fact that the companies Ford, IBM, PepsiCo, and McDonald's own and operate producing units in many different countries, they are categorized as:
a. joint ventures. b. sole proprietorship firms. c. partnership firms. d. multinational firms. e. co-operative firms.
The decline in unionization can be explained by all of the following except
A. Increased global competition. B. A relative decline in manufacturing. C. Increased worldwide investment barriers. D. Downsizing of major corporations.
The marginal propensity to save is the change in saving divided by the change in:
a. Consumption b. Investment c. Income d. Debt