Discouraged workers are workers who have:
What will be an ideal response?
understated
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In the above figure, what is autonomous consumption?
A) $3.0 trillion B) $1.0 trillion C) $0.0 trillion D) $2.0 trillion
If the Fed were to lower the required reserve ratio,
A) excess reserves would decrease. B) excess reserves would increase. C) there would be no effect on the level of excess reserves. D) there would tend to be no effect on the nation's money supply.
The possibility that unanticipated policy changes are an important source of output fluctuations is most consistent with ________
A) traditional Keynesian theory B) new Keynesian theory C) real business cycle theory D) institutionalist theory
Combating the "greenhouse effect" has classic free-rider problems
a. True b. False Indicate whether the statement is true or false