Which of the following financial assets is most likely to have the chance of a higher rate of return than the others?
A. Stocks
B. Bonds
C. Mutual funds
D. Savings accounts
A. Stocks
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The effect of unions tends to ____ output in the union sector and ____ output in the non-union sector
a. increase; increase. b. increase; decrease. c. decrease; increase. d. decrease; decrease.
When the number of families with someone employed by the government is added to those receiving income from transfer programs, the share of American families receiving income from the government is
a. less than 20 percent b. approximately 50 percent of the total c. approximately 62 percent of the total d. a little more than 75 percent of the total
According to new Keynesian theory, if policy is correctly anticipated, increases in aggregate demand will stimulate the economy to higher levels of Real GDP and lower levels of unemployment in
A) the short run or the long run. B) neither the short run nor the long run. C) the short run, but not in the long run. D) the long run, but not in the short run.
When production costs increase and producers raise output prices, the result is
A. Unemployment. B. Demand-pull inflation. C. Cost-push inflation. D. The price effect.