Between 1960 and 1980, the labor force participation rate of women ____. Between 1980 and 2011, the labor force participation rate of women ____
a. fell; fell
b. rose; rose
c. fell; rose
d. rose; fell
B
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Recently, Skooterville has experienced a large growth in population. As a result, the demand curve for telephone service in Skooterville:
A) has shifted to the right. B) has shifted to the left. C) has shifted down. D) Both B and C are correct. E) none of the above
Which one of the following is an example of discretionary fiscal policy used to correct a recessionary gap?
A) a tax decrease passed into law by Congress B) an increase in the money supply by the Federal Reserve C) a decrease in government expenditures approved by Congress D) an agreement among major banks to raise interest rates
If (T ? G) = (X ? IM), then (S ? I)
a. is greater than zero. b. is zero. c. is less than zero. d. cannot be calculated.
Other things the same, if prices fell when firms and workers were expecting them to rise, then
a. employment and production would rise. b. employment would rise and production would fall. c. employment would fall and production would rise. d. employment and production would fall.