President Obama has proposed a goal that everyone complete at least one year of formal education or training beyond high school
This policy would ________ the production of current consumption goods and services and ________ the future production of consumption goods and services. A) decrease; increase
B) increase; decrease
C) not change; increase
D) increase; increase
A
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Variable-rate mortgages decrease the risks associated with unexpected inflation
a. True b. False Indicate whether the statement is true or false
The total tariff revenue to the government of an imported good is found by adding the tariff to the quantity of the good imported
a. True b. False Indicate whether the statement is true or false
When the Fed chooses to target interest rates, it loses the ability to target monetary aggregates
Indicate whether the statement is true or false
To adjust from Net National Product to Gross National Product:
a) Add depreciation b) Deduct indirect taxes c) Add subsidies d) Add inflation