An autonomous monetary policy easing reduces real interest rates and raises aggregate output ________ and the inflation rate rises ________
A) temporarily; permanently
B) permanently; temporarily
C) permanently; permanently
D) temporarily; temporarily
A
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Economic mobility in the United States is
a. great, so many of those below the poverty line are there only temporarily. b. rare, so most of those below the poverty line are there for decades. c. rare, yet many of those below the poverty line are there only temporarily. d. unrelated to poverty.
If consumers decide to buy fewer strawberries, then the
A. Demand for strawberry pickers will rise. B. Quantity demanded of strawberry pickers will fall. C. Demand for strawberry pickers will fall. D. Quantity demanded of strawberry pickers will rise.
Because the cost of healthcare as a percent of GDP rises and as a result productivity gains tend to fall, it is said the healthcare industry suffers from ________________________.
Fill in the blank(s) with the appropriate word(s).
Government intervention to alter market structure or prevent abuse of market power is the basic purpose of
A. Antitrust policy. B. Social demand. C. Government taxes. D. Merit goods.