In the context of growth, the goal of stabilization policy once per capita output is equal to potential per capita output is to
A) insure that the percentage change in per capita output and potential per capita output over time are equal.
B) raise the growth rate of potential per capita output above that of per capita output.
C) raise the growth rate of per capita output above that of potential per capita output.
D) None of the above is correct.
A
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Unemployment insurance contributes to structural unemployment by:
A. allowing unemployed workers to search longer or less intensively for jobs. B. keeping wages above the market-clearing level. C. keeping wages below the market-clearing level. D. forcing unemployed workers to take the first job offered to them.
China's population is over 1.5 billion, while the population of the United States is about 300 million. This fact means that China has much more human capital than the U.S. does. True or false? Explain your answer
Indicate whether the statement is true or false
Rent subsidies are primarily financed by the states
a. True b. False
The Board of Governors is made up of experts in:
A. finance and banking. B. accounting standards. C. fiscal policy. D. public policy