The "New Economy", a period marked by major technological change, low inflation, low unemployment, and rapidly growing productivity characterized
A. the 1920s.
B. the 1960s.
C. the 1990s.
D. All of the decades listed.
D. All of the decades listed.
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Which of the following actions will decrease the gross domestic product (GDP)? a. Tom's alarm clock breaks, so he buys a new one
b. Tom buys a new alarm clock because he tends to sleep through the first alarm. c. Tom's alarm clock breaks. He now oversleeps and has to buy a cup of coffee on the way to work instead of making it at home. d. Tom gets fired for being late often after his alarm clock breaks. e. Tom sells his broken alarm clock and uses the money to buy some French fries.
The productivity of workers can depend upon which of the following?
A. Physical capital B. population growth C. Number of businesses established D. All of these are determinants of productivity.
In the ________ , savers and borrowers come together to determine the market rate of interest
a. stock market b. market for goods and services c. market for resources d. loanable funds market
In the Great Recession of 2007-2009, the stock market values shrank, causing a reverse:
A. Wealth effect
B. Real-balances effect
C. Interest-rate effect
D. Expectations effect