Demand-pull inflation occurs during a period of time in which total spending is increasing less than total output (GDP) is increasing
a. True
b. False
Indicate whether the statement is true or false
False
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The greatest number of recent immigrants to the U.S. come from Mexico because of:
a. political insecurity in Mexico. b. religious insecurity in Mexico. c. proximity and wage differentials. d. racial discrimination in Mexico. e. greater social security in the United States.
Refer to the table below. Marginal product is largest for the:
The question is based on the following table that provides information on the production of a product that requires one variable input.
A. Second unit of variable input
B. Third unit of variable input
C. Seventh unit of variable input
D. Ninth unit of variable input
When price is above the equilibrium level, suppliers offer more than demanders wish to buy.
Answer the following statement true (T) or false (F)
Monetary policy showed to be impotent in which of the following historical episodes
A) Japan since 1992 B) U.S. since 1941 C) China between 1980 and 1987 D) U.S. between 1975 and 1982